# The National Employment Savings Trust Order 2010, Article 2: Interpretation


In this Order—
“the 1999 Act” means the Welfare Reform and Pensions Act 1999;
“the 1999 Order” means the Welfare Reform and Pensions (Northern Ireland) Order 1999;
“the Act” means the Pensions Act 2008;
“the NI Act” means the Pensions (No. 2) Act (Northern Ireland) 2008;
“the corporation” means the National Employment Savings Trust Corporation established under section 75 of the Act;
“data” and “personal data” have the same meanings as in section 1 of the Data Protection Act 1998;
“employers’ panel” means the panel referred to in article 6(2)(b);
“jobholder” has the meaning given by –
(a) in relation to Great Britain, section 1(1) of the Act; or
(b) in relation to Northern Ireland, section 1(1) of the NI Act;
“member of the Scheme” means a person who has been admitted as a member of the Scheme under article 19 and whose pension account has not yet been fully discharged through the provision of one or more benefits under article 32;
“members’ panel” means the panel referred to in article 6(2)(a);
“member’s pension account” means an account maintained by the Trustee for a member of the Scheme comprising–
(a) the member’s contributions;
(b) contributions made by any participating employer;
(c) any sums transferred into the Scheme in respect of the member;
(d) investment returns; and
(e) any other amounts paid to the Trustee to be applied to the member’s pension account,
less any expenses and outgoings properly deducted by the Trustee;
“the panels” means the members’ panel and the employers’ panel;
“participating employer” means an employer that has been admitted to participation in the Scheme under article 18;
“pension credit” means a credit–
(a) in relation to Great Britain, under section 29 of the 1999 Act; or
(b) in relation to Northern Ireland, under Article 26 of the 1999 Order;
“qualifying arrangement” has the same meaning–
(a) in relation to Great Britain, as in paragraph 6(1) of Schedule 5 to the 1999 Act; or
(b) in relation to Northern Ireland, as in paragraph 6(1) of Schedule 5 to the 1999 Order;
“rules” means rules made under section 67 of the Act;
“the Scheme” means the pension scheme established by article 3(1); and
“the Trustee” means the person appointed as trustee of the Scheme.

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Source: https://www.legislation.gov.uk/ukdsi/2010/9780111490495/article/2 (the official version)
Page: https://openlegislation.uk/draft-national-employment-savings-trust-order-2010/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.