3. Section 222 of the Pensions Act 2004(1), in so far as it relates to a particular pension scheme, is to continue to have effect without the amendment made by paragraph 3 of Schedule 10 to the Pension Schemes Act 2021, until such time as that scheme is required to have, in accordance with regulations made under section 221A of the Pensions Act 2004, a funding and investment strategy(2).
See section 221A of the Pensions Act 2004 for the meaning of “funding and investment strategy”.