Regulation 2 Interpretation

In these Regulations—

• “the 1947 Act” means the Electricity Act 1947;

• “by-analogy member” means a person referred to in regulation 3;

• “old scheme” means, in respect of each by-analogy member to whom regulation 3(2)(c)(i) applies, the retirement benefits scheme created by the determination referred to in that paragraph and, in respect of each by-analogy member to whom regulation 3(3) applies, the retirement benefits scheme created by a determination applying in respect of that member while he was entitled to accrue pension rights in accordance with it;

• “the Pension Scheme” means the Electricity Supply Pension Scheme;

• “relevant existing body” means, prior to the transfer date, in respect of each by-analogy member, any existing body of which he is or was at any time the Chairman or other member prior to the coming into force of these Regulations which has a legal or customary obligation to contribute to the pension rights of that by-analogy member and, after the transfer date, the successor company of that existing body to which any liability under these Regulations is transferred;

• “relevant scheme” means a retirement benefits scheme, other than the Pension Scheme or an old scheme, under which a by-analogy member has acquired pension rights and to which an existing body or a Scottish Board has paid contributions in respect of that by-analogy member;

• “retirement benefits scheme” has the same meaning as in section 611 of the Income and Corporation Taxes Act 1988^f1;

• “the Trustees” means the Trustees of the Pension Scheme from time to time.

Unless the context otherwise requires, any reference in these Regulations to a numbered regulation is a reference to the regulation in these Regulations bearing that number; and any reference in a regulation to a numbered paragraph is a reference to the paragraph of that regulation bearing that number.