COB 12.3.4

The Operator of a Scheme must ensure that:

(a) the property of the Scheme is valued, at least annually, for the purposes of the annual report of the Scheme; and
(b) a valuation of the property of the Scheme specific to each Member’s benefits is carried out for each valuation period set out in the Constitution of the Scheme, and the valuation is made available to the respective Member as soon as possible after the valuation.
Derived from DFSA RMI261/2019 (Made 18th December 2019). [VER35/01-20]