Paragraph 5 I1

Schedule 2 (compensation) is amended as follows.

In paragraph 2 (payment of basic award), in sub-paragraph (1)(a)(i), for the words from “within the meaning” to “rules)”” substitute “ to which the funded scheme applies ”.

In sub-paragraph (2) of that paragraph—

In paragraph 7 (liability of diocesan board of finance), for “section 4 of the Pensions Measure 1997” substitute “ Part 2 of the Church of England Pensions Measure 2018 ”.

In paragraph 8(1) (interpretation)—

at the appropriate place insert each of the following—

““funded scheme” has the same meaning as in the Church of England Pensions Measure 2018;”;

““past service scheme” has the same meaning as in the Church of England Pensions Measure 2018;”,

omit the definition of “the Funded Scheme Rules”,

omit the definition of “pensions regulations”,

in the definition of “retiring age”, for “the Funded Scheme rules” substitute “ the Church of England Pensions Measure 2018 ”, and

in the definition of “stipendiary ecclesiastical service”, for “the pensions regulations” substitute “ the Church of England Pensions Measure 2018 ”.