The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006 No. 207

PART 3 U.K.

Modification of section 231 U.K.

9.  In section 231—

(a) in subsection (3)—

(i) in paragraph (b) for “the retail prices index” substitute “a relevant index”;

(ii) omit paragraph (c); and

(b) at the end add—

“(4) In this section “relevant index” means—

(a) an index of the movement of retail prices maintained, or officially recognised, by the government of the country or territory in which the recognised overseas scheme is established; or

(b) if there is no such index as is mentioned in paragraph (a) of this definition, the retail prices index.”.

Commencement Information

I1 Reg. 9 in force at 6.4.2006, see reg. 1(1)