53. Amendment of section 2 of Pensions Act.
Section 2 of the Pensions Act is hereby amended -
(a) by the substitution for the definition of "member" of the following definition:
"'member', in relation to a scheme, means, subject to section 62, any person who, having been admitted to membership under the rules of the scheme, remains entitled to any benefit under the scheme in respect of a period of service whilst employed within the State;",
(b) by the substitution for the definition of "occupational pension scheme" of the following definition:
"'occupational pension scheme' means any scheme or arrangement -
(a) which is comprised in one or more instruments or agreements, and
(b) which provides or is capable of providing in relation to employees in any description of employment within the State, benefits, and
(i) which has been approved of by the Revenue Commissioners for the purpose of Chapter II of Part I of the Finance Act, 1972, or
(ii) the application for approval of which under Chapter II of Part I of the Finance Act, 1972, is being considered, or
(iii) which is a statutory scheme to which section 17 of the Finance Act, 1972, applies, or