S.L. 514.4 Art. 2Interpretation. Cap. 514.

(1) Any reference in these regulations to the Act is a reference to the Retirement Pensions Act and subject to the provisions of sub-regulation (2) of this regulation, the provisions of article 2 of the said Act shall also apply to these regulations.

(2) In these regulations unless the context otherwise requires -

"technical funding requirement" means a requirement that the value of the assets of a retirement scheme shall not be:

(a) less than such amount, nor

(b) more than such amount, as may be stipulated in terms of Pension Rules issued by the competent authority.