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The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2006
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- UK Statutory Instruments
- 2006 No. 207
- PART 3
- Regulation 16
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Modification of Schedule 32U.K.
This section has no associated Explanatory Memorandum
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.”.
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