Paragraph 42 I1

Section 176(1) (general interpretation) is amended as follows.

In the appropriate places insert—

““the first abolition date” has the meaning given by section 3A;”

““the second abolition date” has the meaning given by section 3A;”

““salary related contracted-out scheme” is to be construed in accordance with section 3B;”.

Omit the definition of “abolition date”.

In the definition of “appropriate scheme” and “appropriate scheme certificate”, for “section 176A” substitute “ section 3B ”.

In the definition of “contracting-out certificate”, for “section 3 and section 176A” substitute “ section 3B ”.

In the definition of “contributions equivalent premium”, for “has the meaning given in” substitute “ means a premium that was paid under ”.

In the definition of “earner” and “earnings”, after “in accordance with” insert “ section 4(1B) of this Act and ”.

In the definition of “money purchase contracted-out scheme”, for “section 176A” substitute “ section 3B ”.

For the definition of “the principal appointed day” substitute—

““the principal appointed day” means 6 April 1997 (which is the day designated as the principal appointed day for the purposes of Part 4 of the Pensions (Northern Ireland) Order 1995);”.