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Changes over time for: Section 7A
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Version Superseded: 30/04/2013
Status:
Point in time view as at 24/01/2013. This version of this provision has been superseded.
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Changes to legislation:
There are currently no known outstanding effects for the The Pension Protection Fund (Valuation) Regulations 2005, Section 7A.
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[Application of these regulations to applications for reconsideration and by closed schemesE+W+S
This section has no associated Explanatory Memorandum
7A.—(1) Regulations 2A, 3(a) and (c), 4, 6(1)(a) and (2), and 7(1) to (4)(c) apply in relation to a section 152 determination and a section 158 determination as they apply in relation to a section 143 determination.
(2) In the application of regulation 2A to section 152 determinations and section 158 determinations, the reference in paragraph (2)(a) to the most recent section 179 valuation is to be read as a reference to the most recent section 143 or section 179 valuation.
(3) Regulations 3 to 7 apply in relation to a section 152(10A) valuation as they apply in relation to a section 143 valuation.
(4) In the application of regulations 5 and 7 to section 152(10A) valuations—
(a)the references to “relevant accounts” are to be read as references to “audited scheme accounts as defined in section 151(8) of the Act”; and
(b)the references to “appropriate person” are to be read as references to “person who is a Fellow of the Institute and Faculty of Actuaries”.]
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