Article 12 Amendment of the Occupational Pension Schemes (Indexation) Regulations 1996

at the appropriate place insert the following definitions—

• ““abolition date” means the day appointed for the commencement of section 15(1) of the Pensions Act 2007^f2;”

• ““protected rights” has the meaning given in section 10 of the Pension Schemes Act 1993^f3, as it had effect immediately prior to the abolition date;”

in the definition of “section 9(2B) rights”, in sub-paragraph (b)(ii), at the end add “where that transfer payment was made before the abolition date”.