• “COMPS employment” means employment in respect of which minimum payments are made to a money purchase pension scheme contracted out under section 5(3) of the Pension Schemes (Northern Ireland) Act 19934 (requirements for certification of schemes);

• “COSRS employment” means employment which qualifies an earner for a pension provided by a salary related scheme contracted out under section 5(2) of the Pension Schemes (Northern Ireland) Act 19936;

• “director” means—

  1. a

     in relation to a company whose affairs are managed by a board of directors or similar body, a member of that board or similar body;

  2. b

     in relation to a company whose affairs are managed by a single director or similar person, that director or person;

  3. c

     any person in accordance with whose directions or instructions the company’s directors as defined in paragraphs (a) and (b) of this definition are accustomed to act; and for this purpose a person is not to be treated as such a person by reason only that the directors act on advice given by him in his professional capacity;