Pensions (Amendment) Act, 1996
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Amendment of section 49 of Principal Act. |
18.—Section 49 of the Principal Act is hereby amended by— | |
(a) the substitution, in subsection (2), for paragraphs (c) and (d) of the following paragraphs: | ||
“(c) be signed by or on behalf of the employer and by or on behalf of the trustees of the scheme, in each case signifying agreement to the proposal, and | ||
(d) be submitted by the trustees of the scheme with the actuarial funding certificate to which it relates.”, | ||
and | ||
(b) the insertion after subsection (3) of the following subsection: | ||
“(4) In this section ‘employer’ means the employer who undertakes the role of principal employer for the purposes of such scheme's approval by the Revenue Commissioners under Chapter II of Part I of the Finance Act, 1972 .”. |