Social Welfare and Pensions Act 2012

Amendment of section 40 of Principal Act.

25.— Section 40 of the Principal Act is amended—

(a) by inserting the following definition:

“ ‘additional resources’ means, on any date, resources in addition to the resources used to determine whether the scheme satisfies the funding standard on the same date;”,

and

(b) by deleting the definitions of “the effective date”, “funding standard” and “relevant scheme”.