26.—(1) A pension account must be established for each pension credit member (“the pension credit member's account”).
(2) The pension credit member's account must specify the amount of credited pension and for that amount—
(a)the actuarial adjustment (if any); and
(b)the conversion amount (if any).
(3) In these Regulations, “amount of credited pension” means an amount equal to the pension credit calculated in accordance with regulations made under paragraph 5(b) of Schedule 5 to the 1999 Act.