Regulation 47 Revenue restrictions

In Schedule 4–

(a)

In paragraph 1(1)–

(i)

in the definition of “Class B member” in sub-paragraph (b), after “since before 1st June 1989” insert “and has not had a continuity break”;

(ii)

in the definition of “Class C member” in sub-paragraph (a) after “17th March 1987” insert “and has not had a continuity break”; and

(iii)

after the definition of “Class C member” inserting the following definition:–

““continuity break” is a change of employment from a Scheme employer (including an admission body) to a non-associated or transferee admission body (as defined in regulation 4(16)(c) and (f) but does not include a change in the case of a person who was a member of the Scheme on 13th January 2000;”;

(b)

in paragraphs 1(4), 2(2), 2(10) and 2(12) and 8(3), 8(4), and 8(5) for “retained benefits” insert “retained rights”.

(c)

In paragraph 9(5) for “Paragraph 1(3)(a) and (4)” substitute “Paragraph 1(4) and (5)”.