27J. Interpretation of this Part

In this Part —“annuity plan” means an annuity plan under the Scheme, pursuant to which the Board will pay a relevant member his or her monthly income under section 27K(6);“premium” means a premium under section 27L(1) or (1A) for an annuity plan;“relevant age”, in relation to a relevant member, means the age prescribed in, or designated by the relevant member under, the relevant regulations for the purposes of section 27K(1) and (6) in relation to the relevant member’s annuity plan;“relevant member” means a member of the Fund to whom the Scheme applies;“relevant regulations” means any regulations made under section 27Q;“Scheme” means the Lifelong Income Scheme established and maintained by the Board under section 27K.

“annuity plan” means an annuity plan under the Scheme, pursuant to which the Board will pay a relevant member his or her monthly income under section 27K(6);

“premium” means a premium under section 27L(1) or (1A) for an annuity plan;

“relevant age”, in relation to a relevant member, means the age prescribed in, or designated by the relevant member under, the relevant regulations for the purposes of section 27K(1) and (6) in relation to the relevant member’s annuity plan;

“relevant member” means a member of the Fund to whom the Scheme applies;

“relevant regulations” means any regulations made under section 27Q;

“Scheme” means the Lifelong Income Scheme established and maintained by the Board under section 27K.