[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(9) valuation, a section 152(10A) valuation, and a section 158 valuation as they apply in relation to a section 143 valuation.]
(4) In the application of regulations 5 and 7 [to a section 152(9) valuation, section 152(10A) valuation or section 158 valuation]—
(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”.]