Regulation 1A Salary related schemesF1
For the purposes of Chapter IV of Part IV of the 1993 Act and these regulations an occupational pension scheme is salary related if it is not a money purchase scheme and it is not a scheme—
(a)
the only benefits provided by which (other than money purchase benefits) are death benefits; and
(b)
under the provisions of which no member has accrued rights (other than rights to money purchase benefits).
Annotations
Textual amendments
- F1
Reg. 1A inserted (1.6.1999) by The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 1997 (S.I. 1997/786) , reg. 1 , Sch. 1 para. 12(3)