The Parliamentary Pensions (Amendment) (Pension Sharing) Regulations 2001

3.  In regulation A(2)—

(a) after the definition of “the Taxes Act 1988” there shall be inserted:

““the Welfare Act 1999” means the Welfare Reform and Pensions Act 1999(1) or corresponding Northern Ireland legislation and references to legislation under that Act also refer to corresponding Northern Ireland legislation;”;

(b) immediately before the definition of “actual period of reckonable service as a participating Member,” there shall be inserted:

• ““accrued pension rights” and any equivalent expression mean such rights after taking into account any reduction applied in accordance with section 31 of the Welfare Act 1999;”;

(c) after the definition of “the multiple” there shall be inserted:

““negative deferred pension” means the amount by which the pension debit member’s pension or deferred pension to which he would otherwise be entitled under these Regulations were it not for section 31 of the Welfare Act 1999 is reduced under that section;”;

(d) after the definition of “pension” there shall be inserted:

““pension credit” means a credit under section 29(1)(b) of the Welfare Act 1999;

“pension debit” means a debit under section 29(1)(a) of the Welfare Act 1999;

“pension debit member” means a person whose benefits or future benefits under these Regulations have been reduced in accordance with section 31 of the Welfare Act 1999.”.

(1)

1999 c. 30.