(1)Regulations may require the trustees or managers of a pension scheme to obtain advice from an actuary before making a specified decision or taking other specified steps.
(2)The regulations may, in particular, require the trustees or managers to obtain the advice from an actuary who has specified qualifications or meets other specified requirements.
(3)The regulations—
(a)may require an actuary to have regard to guidance issued from time to time by a specified person when advising on matters in accordance with the regulations;
(b)may impose other requirements on an actuary when advising on matters in accordance with the regulations.