http://www.legislation.gov.uk/id/uksi/2001/3649

PART 8MISCELLANEOUS AMENDMENTS TO PRIMARY LEGISLATION

Courts and Legal Services Act 1990 (c. 41)

Judicial pensions: transfer of accrued benefits326.

(1)

Schedule 13 to the Courts and Legal Services Act 1990 (transfer of accrued benefits) is amended as follows.

(2)

In paragraph 1 of Schedule 1A244 (to be inserted in the Judicial Pensions Act 1981), the existing provision becomes sub-paragraph (1).

(3)

In that sub-paragraph, for the definition of “authorised insurance company” substitute—

““authorised insurer” means—
(i)
a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance, or
(ii)
an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of long-term insurance;”.

(4)

After that sub-paragraph, insert—

“(2)
The definition of “authorised insurer” in sub-paragraph (1) must be read with—
(a)
section 22 of the Financial Services and Markets Act 2000;
(b)
any relevant order under that section;
(c)
Schedule 2 to that Act.”.

(5)

In paragraph 6(2)(c), for “insurance companies” substitute “insurers”.

(6)

In paragraph 11(3), in paragraph (a) of the definition of “qualifying scheme” for “insurance company” substitute “insurer”.