the 1989 Regulationsmeans the Local Government Superannuation (Water) Regulations 1989;
the new main fundmeans the superannuation fund vested in the National Rivers Authority by virtue of regulation 2(2)(a) of the 1989 Regulations;
the new second fundmeans the superannuation fund vested in the National Rivers Authority by virtue of regulation 2(2)(b) of the 1989 Regulations;
the principal Regulationsmeans the Local Government Superannuation Regulations 1986.