2.—(1) In the Pension Schemes Act—
(a)in section 1 (categories of pension schemes), in the definition of
“personal pension scheme”, for “employed earners” substitute
“earners (whether employed or self-employed)”; and
in section 176(1) (general interpretation), for the definition of
“employed earner” substitute—
““employed earner” and “self-employed earner” have the meanings given by section 2 of the Social Security Contributions and Benefits (Northern Ireland) Act 1992;”.
(2) In consequence of sub-paragraph (1), the following provisions of that Act shall cease to have effect, namely—
(a)in section 69(2)(a)(ii) (short service benefit), the words “or a self-employed pension arrangement” and “or arrangement”;
(b)in section 92(2)(a) (exercise of option under section 91), sub-paragraph (iii) and the word “or” immediately preceding that sub-paragraph; and
(c)in section 176(1) (general interpretation), the definition of “self-employed pension arrangement”.