528. In paragraph (3) of regulation 3 of the Occupational Pension Schemes (Scheme Administration) Regulations 1996 (Exemptions from the professional advisers requirements)—
(a)the words “(within the meaning of the Financial Services Act 1986)” are revoked; and
(b)for sub-paragraph (a) substitute—
“(a)relevant schemes of a kind mentioned in paragraph (4) of regulation 4 of the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001(1) (Managing investments: occupational pension schemes);”.