The Pension Protection Fund (Valuation of the Assets and Liabilities of the Pension Protection Fund) Regulations 2006
These Regulations provide for the manner in which the assets and liabilities of the Pension Protection Fund (“the Fund”) are to be determined for the purposes of preparing an actuarial valuation which the Board of the Pension Protection Fund must include in its annual statement of accounts prepared in accordance with paragraph 22(1)(b) of Schedule 5 (the Board of the Pension Protection Fund: accounts) to the Pensions Act 2004 (c. 35) (“the Act”). The Regulations also prescribe the qualifications required for a person to be appointed as the actuary to the Fund.