The Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001

9. INTERIM SECTION ASSESSMENTS

9.1  If the Sponsoring Section Employer so requests, the Trustees may instruct the Actuary to prepare an actuarial valuation report of the CAA Section (an Interim Section Assessment) as at any date or dates other than as required for the preparation of the Scheme valuation under Clause 12. If so instructed by the Trustees, the Actuary shall consult with the Sponsoring Section Employer and the Trustees as appropriate, including as to the basis, methodology and assumptions to be used in preparing an Interim Section Assessment. Clause 12 shall not apply to an Interim Section Assessment.

9.2  The Trustees shall make any such Interim Section Assessment available to the Sponsoring Section Employer and any other Employers in the CAA Section within seven days of receiving it, and shall also make it available to any other persons or bodies entitled to receive it in the circumstances and in the manner specified in the Disclosure Regulations.

9.3  The costs associated with the preparation of such Interim Section Assessment shall be born by the Sponsoring Section Employer which requests the Interim Section Assessment, or between the Employers in the relevant Section in proportions determined by the Sponsoring Section Employer of that Section.