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The State Scheme Premiums (Actuarial Tables) Amendment Regulations 1991
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- UK Statutory Instruments
- 1991 No. 429
- Regulation 2
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Amendment of regulation 1 of the principal Regulations
2. In regulation 1(2) of the principal Regulations (interpretation)—
(a)for the definition of “25-year gross redemption yield” there shall be substituted the following definition—
““20-year gross redemption yield” means the gross redemption yield applicable to 20-year British Government Stocks with high coupons compiled by the Financial Times, the Institute of Actuaries and the Faculty of Actuaries;”;
(b)for the definition of “25-year index number” there shall be substituted the following definition—
““20-year index number” means the number shown in the appropriate column in the table in Schedule 7 opposite the range of yields which includes the 20-year gross redemption yield;”.
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