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23.—(1) The Personal Pension Schemes (Advertisements) Regulations 1990 shall be amended as follows—
(2) In regulation 1(2) in the definition of “Act” for “Social Security Act 1986” substitute “Pension Schemes Act 1993”.
(3) In regulation 3(2)(a)(i) and (b)(i) for “Part I of the Act” and “section 3(1) of the Act” substitute respectively “section 43 of the Act” and “paragraph (2A) below”.
(4) After regulation 3(2)
insert—
“(2A) In this paragraph “rebate percentage” means the percentage arrived at by adding the percentage mentioned in paragraph (a) of section 41(1) of the Act to that mentioned in paragraph (b) of that section.”.
S.I. 1990/1140.
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