126.—(1) Employees' and employers' contributions received during the financial year are to be credited to the account.
(2) Employees' contributions comprise—
(a)all contributions payable under regulations 12(13)(c), 18, 19, Schedule 4, Schedule 5, under Schedules 4 and 5 of TPR 1997 and under paragraph 36 of Schedule 10 to TPR 1997,
(b)the contributions referred to in regulation 28(3)(c),
(c)so much of any additional contributions payable under regulation C9 of TPR 1997 as would have been payable under regulation 18 if pensionable employment had continued,
(d)all amounts payable under regulation 25 and under regulations C16(5) to (7) and C17 of TPR 1997 (return of repaid contributions).
(3) Employers' contributions comprise—
(a)the contributions payable under regulation 27 and under regulation G6 of TPR 1997,
(b)so much of any additional contributions payable under regulation C9 of TPR 1997 as would have been payable under regulation 27 if pensionable employment had continued.
(4) There are also to be credited to the account—
(a)the closing balance in the account for the preceding financial year,
(b)all transfer values accepted during the financial year,
(c)all contributions equivalent premiums refunded, or recovered under section 61 of PSA 1993, during the financial year,
(d)any interest and other payments under these Regulations received during the financial year, and
(e)the notional investment income for the financial year on the balance in the account.
(5) For the purposes of paragraph (4)(e), the notional investment income for each financial year is to be determined by the scheme actuary and derived using a percentage return as specified from time to time by the Treasury.