SCHEDULES

SCHEDULE 10Funding of defined benefit schemes

PART 1Amendments of Part 3 of the Pensions Act 2004

4

1

Section 224 (actuarial valuations and reports) is amended as follows.

2

After subsection (7) insert—

7A

As soon as reasonably practicable after receiving an actuarial valuation, the trustees or managers must send a copy of it to the Regulator, together with such other information as may be prescribed.

3

In subsection (8), for “or (7)” substitute “, (7) or (7A)”.