275(1)  Regulations may make provision as to the exercise by trustees or managers of their powers under sections 273 and 274, including provision about the calculation and verification of the value at any time of rights or liabilities.

275(2)  The power conferred by subsection (1) includes power to provide for any values to be calculated or verified–

(a)in a manner which, in the particular case, is approved by a prescribed person, or

(b)in accordance with guidance from time to time prepared by a prescribed person.

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