4. Subject to paragraphs 2 and 6, in determining the value of the assets of a closed scheme for the purposes of an Article 140 valuation, the appropriate person shall adopt the value given of the assets of the scheme stated in the relevant accounts and that value shall be taken to be the value of those assets at the effective date.N.I.
Commencement Information
I1Sch. Pt. 1 para. 4 in operation at 6.4.2007, see reg. 1(1)