Welfare Reform and Pensions Act 1999

14 (1) In section 58 of the [1995 c. 26.] Pensions Act 1995 (schedules of contributions), in subsection (6)(a) (certification by actuary of adequacy of rates of contributions to meet minimum funding requirement)—

(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,”.