{
  "url": "https://openlegislation.uk/pensions-regulator-financial-support-directions-etc-regulations-northern-ireland-2005/regulation-8",
  "json_url": "https://openlegislation.uk/pensions-regulator-financial-support-directions-etc-regulations-northern-ireland-2005/regulation-8.json",
  "legislation": "nisr/2005/378",
  "legislation_title": "The Pensions Regulator (Financial Support Directions, etc.) Regulations (Northern Ireland) 2005",
  "legislation_url": "https://openlegislation.uk/pensions-regulator-financial-support-directions-etc-regulations-northern-ireland-2005",
  "path": "regulation/8",
  "kind": "regulation",
  "number": "8",
  "heading": "Value of resources - business",
  "text": "(1) Paragraphs (2) and (3) are subject to regulation 9(2) and (3).\n(2) The value of the resources of the employer shall be the greater of zero or its entity value excluding relevant pension scheme related balances and any subordinated liabilities together with any related fair value differences as verified in accordance with regulation 10.\n(3) The value of the resources of a business associate shall be its entity value excluding relevant pension scheme related balances and any employer investment balances together with any related fair value differences as verified in accordance with regulation 10.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 8 in operation at 1.9.2005, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2005/378/regulation/8",
    "retrieved_at": "2026-10-29T01:51:05.952010+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}