Paragraph 8 I1

Section 184 (unauthorised borrowing: other arrangements) is amended as follows.

In subsection (1), for “arrangement which is not a money purchase arrangement” substitute “ relevant arrangement ”.

After subsection (1) insert—

(1A)

In this section “relevant arrangement” means an arrangement that—

(a)

is not a money purchase arrangement, or

(b)

is a collective money purchase arrangement.

In subsection (2), in the definition of APB, for “arrangements which are not money purchase arrangements” substitute “ relevant arrangements ”.

In subsection (3), in paragraphs (a) and (b), for “not money purchase arrangements” substitute “ relevant arrangements ”.