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Effective dates for actuarial funding certificates.
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43.—(1) The first actuarial funding certificate shall have an effective date—
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(a) in the case of a relevant scheme which commenced before the commencement of this Part, not later than 3 years after such commencement, and
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(b) in the case of a relevant scheme which commenced on or after such commencement, not later than 3½ years after the commencement of the scheme,
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and a subsequent actuarial funding certificate shall have an effective date not later than 3½ years after the effective date of the immediately preceding certificate.
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(2) Unless otherwise prescribed, an actuarial funding certificate shall be submitted to the Board by the trustees of the scheme within 9 months of the effective date of the certificate.
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