Amendment of the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005

7.  In regulation 1(3) of the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005 (citation, commencement and interpretation)(1), 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);.

(1)

S.I. 2005/2184, amended by S.I. 2010/483; there are other amending instruments but none is relevant.