PART 4Pension accounts

CHAPTER 4Pension accounts: general

Establishment of pension accounts: general28.

(1)

The scheme manager must establish and maintain one or more pension accounts for each member of this scheme in accordance with this Part.

(2)

A pension account—

(a)

may be kept in any form the scheme manager considers appropriate; and

(b)

must specify the details required by these Regulations.

(3)

References in these Regulations to any amount specified in a pension account are references to the amount that is required by these Regulations to be so specified and not, if different, to the amount actually so specified.