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PART IIN.I.Occupational Pensions

GeneralN.I.

Calculations, etc. under regulations: sub-delegationN.I.

116.  Regulations made by virtue of ArticleF1 56(3),[F2 73B(4)(a)] or 75 may provide for the values of the assets and the amounts of the liabilities there mentioned to be calculated and verified in accordance with guidance—

(a)prepared and revised by a prescribed body, and

(b)approved by the Department.

F1prosp. rep. by 2005 NI 1