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12In section 26 (contracting-out)—
(a)in subsection (1), for the words " the requisite benefits "there shall be substituted the words "a guaranteed minimum pension "; and
(b)in subsection (2), for the words from the beginning to " such pension" there shall be substituted the words ""Guaranteed minimum pension " means any pension which is provided by an occupational pension scheme in accordance with the requirements of sections 33 and 36 below ".
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