The Occupational Pension Schemes (Scheme Funding) Regulations 2005

Schedule of contributions

This section has no associated Explanatory Memorandum

9.—(1) A schedule of contributions for a scheme must be prepared within 15 months after the effective date of the first actuarial valuation following the establishment of the scheme.

(2) Where a schedule of contributions has been prepared, it must be reviewed, and if necessary revised—

(a)within 15 months after the effective date of each subsequent actuarial valuation under section 224(1)(a) of the 2004 Act;

(b)within whichever period is applicable under regulation 7(2)(b) after any valuation under section 224(1)(b) and regulation 7(1), and

(c)within a reasonable period after any revision of a recovery plan under regulation 8(3) or (5).

Modifications etc. (not altering text)