Money purchase arrangements

9.  In paragraph 10 of Schedule 2 (contributions under money purchase arrangements)—

(a) in paragraph (i) of sub-paragraph (a), for “amount of benefit” substitute “amount of age related benefit in respect of comparable aggregate periods of pensionable service”;

(b) for paragraph (ii) of sub-paragraph (a) substitute—

“(ii) to make more nearly equal the amount of the age related benefit, in respect of comparable aggregate periods of pensionable service, to which members of different ages who are otherwise in a comparable situation will become entitled under the arrangement;”;

(c) after sub-paragraph (b) add—

“(c) any limitation on any employer contributions in respect of a member or member contributions by reference to a maximum level of pensionable pay.”.