Article 51ZA Meaning of “the appropriate percentage”F1

Northern Ireland

For the purposes of Article 51(1)(c) and (2), “the appropriate percentage” in relation to an increase in the whole or part of the annual rate of a pension—

(a)

in the case of a category X pension, means the F2higher revaluation percentage for the latest revaluation period specified in the latest revaluation order (revaluation of accrued pension benefits) which is in force at the time of the increase, and

(F3b)

in the case of a category Y pension, means the lower revaluation percentage for that period.

Annotations

Textual amendments

F1: 2005 NI 1
F2: Words in art. 51ZA(a) substituted (6.4.2009) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), ss. 80(1)(c), 118(1), Sch. 1 para. 8(a) (with s. 80(2)); S.R. 2009/22, art. 2(2)(c)
F3: Art. 51ZA(b) substituted (6.4.2009) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), ss. 80(1)(c), 118(1), Sch. 1 para. 8(b) (with s. 80(2)); S.R. 2009/22, art. 2(2)(c)

Notes on the whole Order

Textual amendments

F1: functions transf. by SR 1999/481
F2: functions transf. by 2005 NI 1