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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2006 - onwards
  Version 3 of 3    

Regulation 4 Definitions.

Revoked from 1 June 2006

In these Regulations -

"accumulated value" has the meaning assigned to it by section 30 of the Act;

"the Act" means the Pensions Act, 1990 (No. 25 of 1990);

"affiliated employer" means another employer where one of the employers is a subsidiary (within the meaning of section 155 of the Companies Act, 1963, (No. 33 of 1963)) of the other, or where both employers are subsidiaries of a third employer;

"authorised trade union" has the meaning assigned to it by section 54(6) of the Act;

"concentration of investment" in relation to a scheme, means investments exceeding a stated percentage of the resources of the scheme in one undertaking and in any associate of it or in one property, other than in the following categories - (a) Government securities; (b) insurance policies; (c) contracts of assurance; (d) managed funds; (e) unit trusts; or (f) cash deposits.

"contingent benefit" has the meaning assigned to it in the Pension Schemes (Family Law) Regulations, 1997 (S.I.

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