Regulation 2 Amendment of regulation 3 of the principal Regulations
In regulation 3 of the principal Regulations (definitions)–
after the definition of “participating employment” there is inserted the following definition–
“`pay period' means the period set out in the officer’s contract of employment in respect of which each payment of salary or wages is made or, in the case of a practitioner, a period of 3 months ending on the last day of March, June, September or December as the case may be;”;
after the definition of “pensionable age” there is inserted the following definition–
“`personal pension scheme' shall be construed in accordance with section 84 of the Social Security Act 1986f1;”;
after the definition of “retiring allowance” there is inserted the following definition–
“`self-employed pension arrangement' means a personal pension scheme within the meaning of Chapter IV of Part XIV of the Income and Corporation Taxes Act 1988f2 which is approved by the Inland Revenue under that Chapter; but which is neither a personal pension scheme within the meaning of the Social Security Act 1986 nor a contract or a scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;”;
in the definition of “service” for the words “18 years” there are substituted the words “16 years”; and at the end of sub-paragraph (c) there is inserted the word “or” and after that sub-paragraph there is added–
“(d)any period of employment subject to an election made under regulation 6(2);”.
Annotations
Footnotes
- f1
- f2