Part 1Master Trusts
Definition of a Master Trust scheme
2Relevant public service pension schemes
(1)
For the purposes of section 1, a pension scheme is a relevant public service pension scheme if it falls within subsection (2) or (3).
(2)
A scheme falls within this subsection if it is a public service pension scheme within the meaning of the Pension Schemes Act 1993 (see section 1(1) of that Act).
(3)
A scheme falls within this subsection if it is—
(a)
a scheme under section 1 of the Public Service Pensions Act 2013 (new public service schemes),
(b)
a new public body pension scheme (as defined in section 30 of that Act), or
(c)
a statutory pension scheme which is connected with a scheme referred to in paragraph (a) or (b) (and for this purpose “statutory pension scheme” and “connected” have the meanings given in that Act; see sections 37 and 4(6) of that Act).
(4)
But a scheme does not fall within subsection (3) if it is a scheme specified in an order made under section 318(6)(b) of the Pensions Act 2004 (schemes excluded from definition of “public service pension scheme”).