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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)”.