Police Service of Northern Ireland Pensions (Additional Voluntary Contributions) (Amendment) Regulations 2004

1.  In regulation 2 (interpretation) –

(a) in paragraph (2) (defined expressions) the following definitions are inserted in the appropriate places –

““approved additional voluntary contributions provider” means The Equitable Life Assurance Society or The Standard Life Assurance Company;”;

““insurance company” means –

(a)

a person who has permission under Part 4 of the Financial Services and Markets Act 2000(1) to effect or carry out contracts of long-term insurance, or

(b)

an EEA firm, as defined in paragraph 5 of Schedule 3 to that Act, which falls within sub-paragraph (d) of that paragraph and has permission under paragraph 15 of that Schedule to effect or carry out contracts of long-term insurances as a result of satisfying the establishment conditions, as defined in paragraph 13 of that Schedule;”;

(b) the definition of “the Society” in that paragraph is omitted; and

(c) after paragraph (3) there is inserted –

“(4) The definition of “insurance company” in paragraph (2) must be read with –

(a) section 22 of the Financial Services and Markets Act 2000,

(b) any relevant order under that section, and

(c) Schedule 2 to that Act.”.

(1)

2000 c. 8