Article 159 Pension credits: qualifying arrangementsI1

United Kingdom

(1)

Paragraph 6 of Schedule 5 to the Welfare Reform and Pensions Act 1999 (pension credits: qualifying arrangements) is amended as follows.

(2)

In sub-paragraph (2)—

(a)

for “insurance company” substitute “insurer”; and

(b)

in paragraph (a), the word “ordinary” is repealed.

(3)

For sub-paragraph (3) substitute—

“(3)

“Insurer” and “long-term insurance business” have the meaning given in section 180A of the Pension Schemes Act 1993.”.

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