Amendments to the Pension Schemes (Categories of Country and Requirements for Overseas Pension Schemes and Recognised Overseas Pension Schemes) Regulations 2006

3.—(1) Regulation 2 (requirements of an overseas pension scheme) is amended as follows.

(2) In paragraph (3)—

(a) for “primary conditions and also meets one of Conditions A and B” substitute “following conditions”;

(b) for the italic cross headings “Primary condition 1”, “Primary condition 2” and “Condition A” substitute respectively the italic cross headings “Condition 1”, “Condition 2” and “Condition 3”;

(c) in condition 2 (as amended by sub-paragraph (b)) in sub-paragraph (ab) for “the Schedule” substitute “Schedule 1”; and

(d) omit condition B.