Regulation 2 InterpretationI1

In these Regulations –

• “the 2004 Act” means the Pensions Act 2004^f1;

• “the 2005 Order” means the Pensions (Northern Ireland) Order 2005;

• “active member”, in relation to a scheme, has the meaning given by Article 2(2) of the 2005 Order (but subject to regulation 10(7));

• “the administration levy” means the levy under Article 103 of the 2005 Order imposed by regulation 4(1);

• “deferred member” has the meaning given by Article 121(1) of the 1995 Order (but subject to regulation 10(7));

• “eligible scheme” has the meaning given by Article 110 of the 2005 Order (but subject to regulations 15 to 18);

• “fraud compensation levy” means a levy imposed by regulations under Article 171 of the 2005 Order;

• “the initial levy” means the levy under Article 157 of the 2005 Order imposed by regulation 9;

• “the initial period” means the period provided for by regulation 8;

• “life member”, in relation to a scheme, means a person who is an active member but whose service under the scheme is only pensionable service by virtue of qualifying him for death benefits;

• “member”, in relation to a scheme, has the meaning given by Article 2(2) of the 2005 Order (but subject to regulations 5(5) and 11(4));

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• “pension credit member” has the meaning given by Article 121(1) of the 1995 Order^f2;

• “pension credit rights” has the meaning given by Article 121(1) of the 1995 Order^f3;

• “pension protection levy” means a levy imposed in accordance with Article 158 of the 2005 Order;

• “pensionable service” has the meaning given by Article 121(1) of the 1995 Order;

• “pensioner member” has the meaning given by Article 121(1) of the 1995 Order^f4;

• “registrable scheme” has the meaning given by Article 55(5) of the 2005 Order and regulations made under that Article;

• “scheme year”, in relation to a scheme, means –

  1. (a)

     a year specified for the purpose of the scheme in any document comprising the scheme or, if none, a period of 12 months beginning on 1st April or on such other date as the trustees or managers select; or

  2. (b)

     such other period (if any) exceeding 6 months but not exceeding 18 months as is selected by the trustees or managers –

     1. (i)

        in connection with the commencement or termination of the scheme, or

     2. (ii)

        in connection with a variation of the date on which the year or period referred to in paragraph (a) is to begin.