reg 28
In forceVariation of contribution determinations
Part 6Contributions
28 Variation of contribution determinations
(1)
The Scheme Regulator may, by further determination, vary a contribution determination if it appears to the Scheme Regulator—
(a)
that the Financial Vehicle will not be able to meet its liabilities as they fall due; or
(b)
that the cash balance of the Fund has fallen, or is likely to fall, below the minimum prudent cash balance specified in the contribution determination.
(2)
The Scheme Regulator must ensure that a contribution determination, as varied under this regulation, is published on a website determined by the
Scheme Regulator.
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