Paragraph 9
Scotland
Section 12A is amended as follows.
In subsection (1)(a), for “scheme” there is substituted “ arrangement ”.
In subsection (2), for “trustees or managers of the pension scheme” there is substituted “ person responsible for the pension arrangement ”.
In subsection (3), in paragraphs (a) and (c) for “trustees or managers of the pension scheme” there is substituted “ person responsible for the pension arrangement ” and in paragraph (a) for “have” there is substituted “ has ”.
In subsection (4)—
for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”, and
for “trustees’ or managers’ liability” there is substituted “ liability of the person responsible for the pension arrangement ”.
In subsection (5), for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”.
In subsection (6)—
for “trustees or managers of”, wherever occurring, there is substituted “ person responsible for ”,
for “scheme”, wherever occurring, there is substituted “ arrangement ”, and
in paragraph (b), for “have” there is substituted “ has ”.
In subsection (7)—
for “trustees or managers” where first occurring there is substituted “ person responsible for the pension arrangement ”,
for “trustees or managers of” there is substituted “ person responsible for ”, and
for “scheme” there is substituted “ arrangement ”.
For subsection (10) there is substituted—
“(10)The definition of “benefits under a pension scheme” in section 27 of this Act does not apply to this section.”