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Regulation 3 Amendments relating to the abolition of certain types of contracted-out pensions

Original text. Later amendments are not shown.

In paragraph (2) of regulation 1 (citation, commencement and interpretation)—

(a)

omit ““COMPS employment” means employment in respect of which minimum payments are made to a money purchase pension scheme contracted out under section 9(3) of the Pensions Act;”; and

(b)

in the definition of “contracted-out rate”—

(i)

in sub-paragraph (a) for “upper earnings limit” substitute “upper accrual point”; and

(ii)

omit sub-paragraph (b).