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Pensions Act 2008
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132Intervention by Regulator where scheme’s technical provisions improperly determined
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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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