Amendment of regulation 1 of the principal Regulations
This section has no associated Explanatory Memorandum
2. In regulation 1(3) of the principal Regulations (citation, commencement and interpretation) after the definition of “stakeholder pension scheme” insert—
““transfer notice” is to be construed in accordance with section 160 (transfer notice);
“transfer payment” means a fraud compensation transfer payment made under section 187(2) (Board’s powers to make fraud compensation transfer payments);”.