Amendment of regulation 1 of the principal Regulations2

In regulation 1(3) of the principal Regulations (citation, commencement and interpretation) after the definition of “stakeholder pension scheme” insert—

  • “transfer notice” is to be construed in accordance with section 160 (transfer notice);

  • “transfer payment” means a fraud compensation transfer payment made under section 187(2) (Board’s powers to make fraud compensation transfer payments);