SCHEDULES

SCHEDULE 3Consequential amendments

Incumbents (Vacation of Benefices) Measure 1977

I15

1

Schedule 2 (compensation) is amended as follows.

2

In paragraph 2 (payment of basic award), in sub-paragraph (1)(a)(i), for the words from “within the meaning” to “rules)”” substitute “ to which the funded scheme applies ”.

3

In sub-paragraph (2) of that paragraph—

a

in paragraph (b), for “the pensions regulations or the Funded Scheme rules” substitute “ the past service scheme or the funded scheme ”, and

b

in paragraph (c), for “within the meaning of the Funded Scheme rules” substitute “ to which the funded scheme applies ”.

4

In paragraph 7 (liability of diocesan board of finance), for “section 4 of the Pensions Measure 1997” substitute “ Part 2 of the Church of England Pensions Measure 2018 ”.

5

In paragraph 8(1) (interpretation)—

a

at the appropriate place insert each of the following—

funded scheme” has the same meaning as in the Church of England Pensions Measure 2018;

past service scheme” has the same meaning as in the Church of England Pensions Measure 2018;

b

omit the definition of “the Funded Scheme Rules”,

c

omit the definition of “pensions regulations”,

d

in the definition of “retiring age”, for “the Funded Scheme rules” substitute “ the Church of England Pensions Measure 2018 ”, and

e

in the definition of “stipendiary ecclesiastical service”, for “the pensions regulations” substitute “ the Church of England Pensions Measure 2018 ”.