Schedule of contributions9

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).