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3. In regulation 2(1) (interpretation),—
(a)insert in the appropriate places—
““pension fund holder” means with respect to a personal pension scheme or retirement annuity contract, the trustees, managers or scheme administrators, as the case may be, of the scheme or contract concerned;”; and
““retirement annuity contract” means a contract or trust scheme approved under Chapter III of Part XIV of the Income and Corporation Taxes Act 1988;”; and
(b)in the definition of “personal pension scheme”, for“section 191 of the Social Security Administration Act 1992”, substitute “section 1 of the Pension Schemes Act 1993”(1).
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