(1) Section 9A [Section 9A was inserted by the Judicial Pensions (NI) Order 1991 (NI 24) Article 6(1) (b), 2.] of the Resident Magistrates' Pensions Act (Northern Ireland) 1960 (additional voluntary contributions) is amended as follows.

(2) In subsection (2)(d), for sub-paragraph (iii) substitute -

"(iii) the general value of benefits available to a person under any contract of life insurance entered into by him with an insurer;".

(3) In subsection (7) [Subsection (7) of section 9A was added by the Judicial Pensions and Retirement Act 1993 (c. 8) Schedule 3 Pt. II paragraph 9.] -

(a) for the definition of "authorised provider" substitute -

""authorised provider", in relation to the investment of any sums paid by way of voluntary contributions or the provision of any benefit, means - 

(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to invest such sums or, as the case may be, to provide that benefit;

(b) an EEA firm of a kind mentioned in paragraph 5(a), (b) or (c) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to invest such sums or, as the case may be, to provide that benefit and which satisfies the conditions applicable to it which are specified in subsection (7B), (7C) or (7D); or