SCHEDULE 4
METHODS OF SECURING SHORTFALL IN CASES OF SERIOUS UNDERPROVISION
Preliminary
1.(1) In this Schedule— “relevant institution” means—
Appropriate letters of credit
2.(1) The employer may secure the whole or part of...
Designated deposit accounts
3.(1) The employer may secure the whole or part of...
Charges over unencumbered assets
4.(1) The employer may secure the whole or part of...
Expenses
5.Expenses incurred by the trustees or managers in connection with...
Valuation of increases secured as mentioned in this Schedule
6.(1) An increase in value secured by the method specified...