Pensions (No. 2) Act (Northern Ireland) 2008 No. 13

SCHEDULES

SCHEDULE 1 REVALUATION OF ACCRUED BENEFITS ETC.

PART 3 CONSEQUENTIAL AMENDMENTS

9.  In Article 54(3) of the 1995 Order (Articles 51 to 53: supplementary)—

(a) after the definition of “the commencement day” insert—

““higher revaluation percentage” and “lower revaluation percentage” mean the higher revaluation percentage and the lower revaluation percentage specified for a revaluation period by a revaluation order;”;

(b) omit the definition of “revaluation percentage”.