SCHEDULES

SCHEDULE 4U.K.Regulatory oversight

22(1)Section 318 (interpretation) is amended as follows.U.K.

(2)In subsection (1), after the definition of “occupational pension scheme” there is inserted—

pension board” has the same meaning as in the Public Service Pensions Act 2013 (see section 5 of that Act);.

(3)After the definition of “professional adviser” in that subsection there is inserted—

public service pension scheme” means, subject to subsection (6)—

(a)a scheme under section 1 of the Public Service Pensions Act 2013 (new public service schemes);

(b)a new public body pension scheme (within the meaning of that Act);

(c)any statutory pension scheme which is connected with a scheme referred to in paragraph (a) or (b) (and for this purpose “statutory pension scheme” and “connected” have the meanings given in that Act);.

(4)After the definition of “the Regulator” in that subsection there is inserted—

scheme manager”, in relation to a public service pension scheme, has the same meaning as in the Public Service Pensions Act 2013 (see section 4 of that Act);.

(5)After subsection (5) there is inserted—

(6)A scheme which would otherwise fall within the definition of “public service pension scheme” in subsection (1) does not fall within that definition if—

(a)it is an injury or compensation scheme (within the meaning of the Public Service Pensions Act 2013), or

(b)it is specified in an order made by the Secretary of State after consulting the Treasury.