SCHEDULES

SCHEDULE 5Removal of Secretary of State’s role in approving actuarial guidance

7Pensions Act 1995 (c. 26)

In section 67D of the Pensions Act 1995 (actuarial equivalence requirements: further provisions) in subsection (5) (requirements prescribed for calculation of actuarial values may include that the calculation is to be made in accordance with guidance approved by Secretary of State) for paragraphs (a) and (b) substitute “is prepared and from time to time revised by a prescribed body”.