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132Intervention by Regulator where scheme’s technical provisions improperly determined
This section has no associated Explanatory Notes
In section 231 of the Pensions Act 2004 (powers of the Regulator), before paragraph (a) of subsection (1) insert—
“(za)that the trustees or managers, when determining the methods and assumptions to be used in calculating the scheme’s technical provisions, have failed to comply with a requirement imposed under section 222(4)(c);”.
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