SCHEDULE 2AMENDMENT OF THE AVC REGULATIONS AND THEIR APPLICATION TO PENSION SHARING ON DIVORCE

Amendment of regulation 2

2.

In regulation 2 (interpretation) there shall be inserted in the appropriate places in alphabetical order the following definitions:–
““the 1993 Act” means the Pension Schemes Act 199334;
“the 1999 Act” means the Welfare Reform and Pensions Act 199935;

“the AVC scheme” means the National Health Service (Scotland) Additional Voluntary Contributions Scheme, the rules of which are set out in these Regulations;

“appropriate rights” means rights which are described in paragraph 5 of Schedule 5 to the 1999 Act (pension credits: mode of discharge, appropriate rights);

“eligible member” has the meaning given by section 101P(1) of the 1993 Act36;

NHS Superannuation Scheme” means the National Health Service Superannuation Scheme for Scotland, the rules of which are set out in the 1995 Regulations;

“normal benefit age”, in relation to the scheme, means the age of 60;

“pension credit” means a credit under section 29(1)(b) of the 1999 Act and includes a credit under corresponding Northern Ireland legislation;

“pension credit benefit” has the meaning given by section 101B of the 1993 Act;

“pension credit member” means has the meaning given by section 124(1) of the Pensions Act 199537;

“pension credit rights” has the meaning given by section 101B of the 1993 Act;”.