Regulation 2 Amendment of Part 1 of the 1996 Regulations
In Part 1 of the 1996 Regulations (general) in regulation 1(2) (interpretation)—
in the definition of “cash balance benefit”f1 for “by regulation 2 of the Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014” substitute “in section 75 of the Pension Schemes Act 2015”;
in the definition of “cash equivalent” for “or guaranteed cash equivalent mentioned in section 89A(1) or 90(1)” substitute “mentioned in section 90(1) or (2)f2”;
after the definition of “cash equivalent” insert—
““categories of benefits” refers to the categories listed in paragraphs (a) to (c) of section 89(6);”;
in the definition of “the guarantee date” for “section 89A(2)” substitute “section 89A(4)”;
omit the definition of “the relevant date”;
in the definition of “statement of entitlement”f3 for “section 89A(1)” substitute “section 89A(3)”.
Annotations
Footnotes
- f1
-
The definition of “cash balance benefit” was inserted by regulation 31(2)(a) of S.R. 2014 No. 204
- f2
-
Section 90 is substituted by paragraph 54 of Schedule 4 to the Pension Schemes Act 2015
- f3
-
The definition of “statement of entitlement” was inserted by regulation 2(j) of S.R. 2008 No. 370