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81(1)Article 14 (pension liberation: interpretation) is amended as follows.E+W+S
(2)In paragraph (2)(a)—
(a)after “accrued rights” insert “ or an entitlement ”;
(b)in head (ii), for “the applicable rules” substitute “ the scheme rules ”.
(3)In paragraph (3)—
(a)for sub-paragraph (a) substitute—
“(a)section 90 of the Pension Schemes Act (right to cash equivalent under Chapter 1 of Part 4ZA of that Act);”;
(b)in sub-paragraph (b), for “Chapter 5 of Part IV” substitute “ Chapter 2 of Part 4ZA ”.
(4)In paragraph (4)(d), for “the applicable rules” substitute “ the scheme rules ”.
(5)Omit paragraph (5).