(1)This Chapter applies—
(a)to any member of an occupational pension scheme—
(i)whose pensionable service terminates on or after 1st January 1986 and at least one year before normal pension age; and
(ii)who on the date when it terminates (in this Chapter referred to as “the termination date”) has accrued rights to benefit under the scheme; and
(b)to any member of a personal pension scheme (other than a scheme which is comprised in an annuity contract made before 4th January 1988) who has accrued rights to benefit under the scheme.
(2)Any reference to a member of an occupational pension scheme or a personal pension scheme in the following provisions of this Chapter is a reference to a member of such a scheme to whom this Chapter applies.