12(1)Section 172B (increase in rights of connected person on death) is amended as follows.E+W+S+N.I.
(2)In subsection (2)(b), for “, alternatively secured pension fund, dependant's unsecured pension fund or dependant's alternatively secured” substitute “ or dependant's unsecured ”.
(3)In subsection (4), for “(6)” substitute “ (5) ”.
(4)In subsection (7)(a), after “there” insert “ are ”.
(5)After subsection (8) insert—
“(8A)Nothing in this section applies in relation to the rights representing the member's unsecured pension fund if those rights would represent the member's alternatively secured pension fund but for paragraph 11(6) and (7) of Schedule 28.”
