Social Welfare and Pensions Act 2011

Amendment of section 51A of Principal Act.

34.— Section 51A of the Principal Act is amended—

(a) in subsection (1) by inserting “or trust RAC” after “appointed to a scheme”,

(b) in subsection (4) by inserting “or trust RAC” after “to the scheme” in both places where it occurs, and

(c) in subsection (5) by substituting the following paragraphs for paragraphs (c) and (d):

“(c) funding proposals certified by an actuary in accordance with section 49;

(d) annual statements made by an actuary in accordance with section 55;

(e) regulatory own funds trust RAC technical provisions certificates prepared by an actuary for the purposes of section 53G;

(f) regulatory own funds certificates prepared by an actuary in accordance with section 53J.”.