The Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996 No. 1536

SCHEDULE 1 MINIMUM FUNDING VALUATION STATEMENTS

PART I THE ACTUARY’S STATEMENT

5.  If the actuary is of the opinion that on the effective date the assets of the scheme were sufficient fully to satisfy the liabilities mentioned in section 73(3), paragraph 2 of the statement must be omitted and paragraph 3 renumbered as paragraph 2.