The higher and lower revaluation percentages for each revaluation period2
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.