14(1)In section 58 of the M1Pensions Act 1995 (schedules of contributions), in subsection (6)(a) (certification by actuary of adequacy of rates of contributions to meet minimum funding requirement)—E+W+S
(a)for the words from “on the date” to “is met,” substitute “ it appears to him that the minimum funding requirement was met on the prescribed date, ”; and
(b)omit the words “continue to”.
(2)In section 59 of that Act (determination of contributions: supplementary), in subsection (3) (duty of trustees etc. to prepare report of failure to meet minimum funding requirement), after “they must” insert “ , within such further period as may be prescribed, ”.
Commencement Information
I1Sch. 2 para. 14 wholly in force at 19.3.2002; Sch. 2 para. 14 in force for certain purposes at Royal Assent see s. 89(1)(5); Sch. 2 para. 14 in force at 1.2.2002 insofar as not already in force by S.I. 2001/4049, art. 2(2)(a) (which S.I. 2001/4049, art. 2(2)(a) was omitted (30.1.2002) by virtue of S.I. 2002/153, art. 3); Sch. 2 para. 14 in force at 19.3.2002 insofar as not already in force by S.I. 2002/381, art. 2(a)
Marginal Citations