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Schedules

SCHEDULE 4Pension Protection Fund

Requirements to obtain actuarial valuations

9.—(1) Article 135 (application for Board to assume responsibility for schemes) is amended as follows.

(2) In paragraphs (2)(b) and (3)(b) for the words from “the valuation” to “scheme” substitute “the determination made by the Board or valuation obtained by the Board in respect of the scheme under Article 127(2)”.

(3) In paragraph (6) in sub-paragraphs (a)(ii) and (b)(ii) after “binding” insert “determination or”.

(4) In paragraph (10) for “under that Article” substitute “under Article 127(2)(b)”.