(1) Schedule 5 (information about benefits of directors) is amended as follows.

(2) For paragraph 13(1) substitute -

"13.

(1) In this Schedule -

"pension scheme" means a retirement benefits scheme within the meaning given by section 150(1) of the Finance Act 2004 [2004 c.12.] which is -

(a) one in which the company participates, or

(b) one to which the company paid a contribution during the financial year; and

"retirement benefits" means relevant benefits within the meaning given by section 393B of the Income Tax (Earnings and Pensions) Act 2003 [2003 c.1; substituted by section 249 of the Finance Act 2004 (c.12) and amended by paragraph 629 of Schedule 1 to the Income Tax (Trading and Other Income) Act 2005 (c.5).] read as if subsection (2) were omitted."