144Approval of valuation
This section has no associated Explanatory Notes
(1)This section applies where the Board obtains a valuation in respect of a scheme under section 143.
(2)Where the Board is satisfied that the valuation has been prepared in accordance with that section, it must—
(a)approve the valuation, and
(b)give a copy of the valuation to—
(i)the Regulator,
(ii)the trustees or managers of the scheme, and
(iii)any insolvency practitioner in relation to the employer or, if there is no such insolvency practitioner, the employer.
(3)Where the Board is not so satisfied, it must obtain another valuation under that section.