The National Health Service (Pension Scheme and Additional Voluntary Contributions) (Pension Sharing) Amendment Regulations 2001

Amendment of regulation A2

1.  In regulation A2 (interpretation) there shall be inserted in the appropriate places in alphabetical order the following definitions—

““the 1993 Act” means the Pension Schemes Act 1993(1);

“the 1999 Act” means the Welfare Reform and Pensions Act 1999;

“normal benefit age”, in relation to the scheme, means the age of 60;

“pension credit” means a credit under section 29(1)(b) of the 1999 Act and includes a credit under corresponding Northern Ireland legislation;

“pension credit benefit” has the meaning given by section 101B of the 1993 Act(2);

“pension credit member” has the meaning given by section 124(1) of the Pensions Act 1995(3);

“pension credit rights” has the meaning given by section 101B of the 1993 Act;

“pension sharing order or provision” means an order or provision which is mentioned in section 28(1) of the 1999 Act;

“safeguarded percentage” has the meaning given by section 68A(3) of the 1993 Act(4);

“safeguarded rights” has the meaning given by section 68A(1) of the 1993 Act;

“valuation day” means the day referred to in section 29(7) of the 1999 Act.”.

(1)

1993 c. 48.

(2)

Section 101B is inserted by section 37 of the Welfare Reform and Pensions Act 1999.

(3)

1995 c. 26. The definition of “pension credit member” is inserted by paragraph 61(3) of Schedule 12 to the Welfare Reform and Pensions Act 1999.

(4)

Section 68A was inserted by section 36 of the Welfare Reform and Pensions Act 1999.