11 Valuations

Cost control

11 Ìý³Õ²¹±ô³Ü²¹³Ù¾±´Ç²Ô²õ

(1)     Scheme regulations for a scheme under section 1 which is a defined benefits scheme must provide for actuarial valuations to be made of—

(a)     the scheme, and

(b)     any statutory pension scheme that is connected with it.

[(1A)     Subsection (1) does not apply to a scheme under section 1 if—

(a)     the scheme is connected with another scheme

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