Amendment of Regulation 2
1. In regulation 2 (Interpretation) of the Superannuation Scheme Regulations there shall be inserted in the appropriate places in alphabetical order the following definitions –
““the 1993 Act” means the Pensions Schemes (Northern Ireland) Act 1993(1);
“the 1999 Order” means the Welfare Reform and Pensions (Northern Ireland) Order 1999(2);
“normal benefit age”, in relation to the Scheme, means the age of 60;
“pension credit” means a credit under Article 26(1)(b) of the 1999 Order or section 29(1)(b) of the Welfare Reform and Pensions Act 1999(3);
“pension credit benefit” has the meaning given by section 97B of the 1993 Act(4);
“pension credit member” has the meaning given by Article 121(1) of the Pensions (Northern Ireland) Order 1995(5);
“pension credit rights” has the meaning given by section 97B of the 1993 Act;
“pension sharing order or provision” means an order or provision which is mentioned in Article 25(1) of the 1999 Order;
“safeguarded percentage” has the meaning given by section 64A(3) of the 1993 Act(6);
“safeguarded rights” has the meaning given by section 64A(1) of the 1993 Act;
“valuation day” means the day referred to in Article 26(7) of the 1999 Order.”.
S.I. 1999/3147 (N.I. 11)
Section 97B is inserted by Article 34 of the 1999 Order
S.I. 1995/3213 (N.I. 22) – Article 121(1) is amended by paragraph 50 of Schedule 9 to the 1999 Order
Section 64A was inserted by Article 33 of the 1999 Order