9(1)Section 12A is amended as follows.S
(2)In subsection (1)(a), for “scheme” there is substituted “ arrangement ”.
(3)In subsection (2), for “trustees or managers of the pension scheme” there is substituted “ person responsible for the pension arrangement ”.
(4)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 ”.
(5)In subsection (4)—
(a)for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”, and
(b)for “trustees’ or managers’ liability” there is substituted “ liability of the person responsible for the pension arrangement ”.
(6)In subsection (5), for “trustees or managers” there is substituted “ person responsible for the pension arrangement ”.
(7)In subsection (6)—
(a)for “trustees or managers of”, wherever occurring, there is substituted “ person responsible for ”,
(b)for “scheme”, wherever occurring, there is substituted “ arrangement ”, and
(c)in paragraph (b), for “have” there is substituted “ has ”.
(8)In subsection (7)—
(a)for “trustees or managers” where first occurring there is substituted “ person responsible for the pension arrangement ”,
(b)for “trustees or managers of” there is substituted “ person responsible for ”, and
(c)for “scheme” there is substituted “ arrangement ”.
(9)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.”