Amendment of the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 20057
In regulation 1(3) of the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005 (citation, commencement and interpretation)8, for the definition of “PPF valuation” substitute—
“PPF valuation” means an actuarial valuation obtained under section 143(2)(b) (valuation of assets and protected liabilities);