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Regulation 9 Modification of section 231I1

United Kingdom

In section 231—

F1(a)

in subsection (3) for “the consumer prices index” substitute “the relevant index”; and

(b)

at the end add—

“F2(4)

In this section “the relevant index” means—

(a)

if there is an index of the movement of consumer prices maintained, or officially recognised, by the government of the country or territory in which the recognised overseas scheme is established, that index, or

(b)

if there is no such index, the consumer prices index. ”.

Annotations

Textual amendments

F1

Words in reg. 9 substituted (with effect in accordance with reg. 1(7) of the amending S.I.) by The Registered Pension Schemes (Miscellaneous Amendments) Regulations 2011 (S.I. 2011/1751), regs. 1(1), 12(3)(a)

F2

Words in reg. 9 substituted (with effect in accordance with reg. 1(7) of the amending S.I.) by The Registered Pension Schemes (Miscellaneous Amendments) Regulations 2011 (S.I. 2011/1751), regs. 1(1), 12(3)(b)

Commencement

I1

Reg. 9 in force at 6.4.2006, see reg. 1(1)