2. For the purposes of paragraph 2(1) of Schedule 2 to the Pension Schemes (Northern Ireland) Act 1993 (methods of revaluing accrued pension benefits), for each revaluation period specified in column 1 of the Schedule—
(a)the higher revaluation percentage is the percentage specified in column 2, and
(b)the lower revaluation percentage, where applicable, is the percentage specified in column 3,
in relation to that period.