The Occupational Pension Schemes (Transfer Values) Regulations 1996

[F1 3.   The actuary may deduct from the assets of the scheme an allowance which— E+W+S

(a) is of such amount as he considers reasonable in the circumstances of the scheme; and

(b) represents the expenses associated with wind up.]

Textual Amendments

F1 Schs. 1A-1B inserted (E.W.S.) (1.10.2008) by Occupational Pension Schemes (Transfer Values) (Amendment) Regulations 2008 (S.I. 2008/1050) , reg. 1(1) , Sch. 1