Paragraph 46

in sub-paragraph (4)(d), for “applicable rules” substitute “ scheme rules ”;

for sub-paragraph (6) substitute—

“(6)

In sub-paragraph (4)—

(a)

the reference to “scheme rules” is to be read in accordance with section 100B of the Pension Schemes Act 1993;

(b)

“benefits” means—

(i)

money purchase benefits other than money purchase benefits of a prescribed description, or

(ii)

benefits of a prescribed description.”