4(1)Expressions used in this Schedule and in Schedule 17 have the same meaning in this Schedule as in that Schedule (see paragraph 15 of that Schedule).E+W+S
(2)In this Schedule “relevant scheme” is to be construed in accordance with paragraphs 1(5) and 2(5).
[F1(3)Where a pension scheme is divided into sections, each section that is a collective money purchase scheme for the purposes of Part 1 of the Pension Schemes Act 2021 (see section 1(2)(b) of that Act) is to be treated for the purposes of this Schedule as a separate scheme.]
Textual Amendments
F1Sch. 18 para. 4(3) inserted (11.2.2021 for specified purposes, 13.12.2021 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 3 para. 25(3); S.I. 2021/1394, reg. 2(a)
Commencement Information
I1Sch. 18 para. 4 in force at 11.9.2014 by S.I. 2014/2377, art. 2(1)(a)(i)(2)(k)