Regulation 20

(1)

In regulation 3(1) of the principal Regulations—

(a)

after the definition of “agreed” there shall be inserted the following definition:—

““appropriate policy” means a policy of insurance or annuity contract which provides an annuity which satifies requirements prescribed under paragraph 13(2)(b) of Schedule 1A to the Pensions Act.”;

(b)

after the definition of “pensionable salary” there shall be inserted the following definition:—

““Pensions Act” means the Social Security Pensions Act 1975”;

(c)

after the definition of “state pension age” there shall be inserted the following definition;—

““superannuation scheme” means an occupational pension scheme within the meaning of section 66(1) of the Pensions Act;”.

(2)

In regulation 3(2) of the principal Regulations there shall be substituted, for the words “regulation 86”, the words “regulation 72, 82 and 86”.