In this Schedule—

• “financial year” means such period as the Secretary of State may by order prescribe;

• “occupational pension scheme” and “personal pension scheme”—

  1. a

     in relation to England and Wales or Scotland, have the same meanings as in the Pension Schemes Act 1993 (c. 48) (see section 1 of that Act);

  2. b

     in relation to Northern Ireland, have the same meanings as in the Pension Schemes (Northern Ireland) Act 1993 (c. 49) (see section 1 of that Act);

• “the relevant authority” means—

  1. a

     in relation to England and Wales or Scotland, the Secretary of State;

  2. b

     in relation to Northern Ireland, the Department for Social Development in Northern Ireland.

In this Schedule references to the relevant authority’s functions relating to occupational pension schemes or personal pension schemes include such functions conferred at any time after the passing of this Act.