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PART 3U.K.

Modification of Schedule 32U.K.

16.  In paragraph 11(6) of Schedule 32—

(a)for “the retail prices index” (in both places) substitute “a relevant index”; and

(b)at the end add—

Here “relevant index” means—

(a)

an index of the movement of retail prices maintained, or officially recognised, by the government of the country or territory in which the recognised overseas scheme is established; or

(b)

if there is no such index as is mentioned in paragraph (a) of this definition, the retail prices index..

Commencement Information

I1Reg. 16 in force at 6.4.2006, see reg. 1(1)