Regulation 3 Amendment of regulation A2
(1)
Regulation A2(4) (interpretation) is amended as follows.
(2)
Insert the following definitions in the appropriate place in alphabetical order–
“
“scheme year” A period of one year beginning on 1st April and ending on 31st March; ”;
“
“section 9(2B) rights” The same meaning as it has in the Occupational Pension Schemes (Contracting-out) Regulations 1996f1; ”; and
“
“tax year” Any year beginning on 6th April and ending on 5th April the following year; ”.
(3)
For the meaning of “final year’s pensionable pay” substitute “The meaning given in regulation C1”.