InterpretationU.K.
This section has no associated Explanatory Memorandum
70.—(1) In this Part—
“authorised insurer” means—
(a)
a person who has permission under Part 4A of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance (within the meaning of article 3(1) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 ), ...
“last day of reckonable service” has the meaning given in regulation 72;
“market level adjustment” has the meaning given in regulation 78;
“normal pension age” means the earliest age at which, if a person's qualifying judicial service had continued until retirement at that age, a member might have been entitled to receive a pension under the principal scheme, otherwise than by reason of meeting the ill-health certification condition;
“occupational pension scheme” has the meaning given by section 1 of the Pension Schemes Act 1993 or, in relation to Northern Ireland, section 1 of the Pension Schemes (Northern Ireland) Act 1993 ;
“the option” has the meaning given by regulation 74(1);
“P” means a member;
“personal pension scheme” has the meaning given by section 1 of the Pension Schemes Act 1993 or, in relation to Northern Ireland, section 1 of Pension Schemes (Northern Ireland) Act 1993;
“relevant date”—
(a)
when used in Chapter 2, has the meaning given by regulation 73;
(b)
when used in Chapter 3, has the meaning given by regulation 83;
“relevant schemes” means the principal scheme, the FPJAYS and the JASAPS.
(2) In this Part, references to numbered Tables are to the Tables in Schedule 2 to the Judicial Pensions (Transfer of Accrued Benefits) Regulations 1995 .
(3) The definition of “authorised insurer” in 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 .