Regulation 27 Amendment of the Teachers' Superannuation (Scotland) Regulations 2005
Schedule 1 (glossary of expressions) is amended as follows.
In the second column (meaning) of the definitions of the expressions “Actuarial” and “Appropriate Factor” for “Government Actuary” substitute “scheme actuary”.
In the second column (meaning) of the definition of the expression “permitted maximum”, for “Shall be construed” substitute “Except as provided in regulations C1(5A) and D5(2), construe”.
After the definition of “the Scheme” insert–
“
“Scheme actuary” Means the actuary appointed from time to time by the Scottish Ministers to provide a consulting service on acturial matters relevant to these Regulations. ”.
After the definition of “Transfer day” insert–
“
“Transfer of undertakings”
Means–
- (a)
where the transfer takes place on or after 6th April 2006, a relevant transfer within the meaning of the Transfer of Undertakings (Protection of Employment) Regulations 2006f1; and
- (b)
where the transfer takes place before that date, a transfer of undertakings within the meaning given by the Transfer of Undertakings (Protection of Employment) Regulations 1981f2.
”.