179 Valuations to determine scheme underfunding

179  Valuations to determine scheme underfunding

(1)     For the purposes of enabling risk-based pension protection levies (within the meaning of section 175) to be calculated in respect of eligible schemes, regulations may make provision requiring the trustees or managers of each such scheme to provide the Board or the Regulator on the Board's behalf—

(a)     with an actuarial valuation of the scheme at such intervals as may be prescribed, and

(b)     with such

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