Pt. IIIA (ss. 64A-64D) inserted (1.12.1999 for certain purposes and otherwise 1.12.2000) by S.I. 1999/3147 (N.I. 11), arts. 1(5)(a), 33; S.R. 2000/133, art. 2(3), Sch. Pt. IV

Words in s. 64B inserted (24.2.2003) by Proceeds of Crime Act 2002 (c. 29), s. 458(1), Sch. 11 para. 23(5); S.I. 2003/120, art. 2, Sch. (with arts. 3 4) (as amended (20.2.2003) by S.I. 2003/333, art. 14)

http://www.legislation.gov.uk/ukpga/1993/49/part/IIIA/2003-02-24Pension Schemes (Northern Ireland) Act 1993 An Act to consolidate for Northern Ireland certain enactments relating to pension schemes, with corrections and minor improvements under the Consolidation of Enactments (Procedure) Act 1949.texttext/xmlenStatute Law Database2024-05-17Expert Participation2003-02-24PART IIIASAFEGUARDED RIGHTS
64A Safeguarded rights.(1)

Subject to subsection (2), the safeguarded rights of a member of an occupational pension scheme or a personal pension scheme are such of his rights to future benefits under the scheme as are attributable (directly or indirectly) to a pension credit in respect of which the reference rights are, or include, contracted-out rights or safeguarded rights.

(2)

If the rules of an occupational pension scheme or a personal pension scheme so provide, a member’s safeguarded rights are such of his rights falling within subsection (1) as—

(a)

in the case of rights directly attributable to a pension credit, represent the safeguarded percentage of the rights acquired by virtue of the credit, and

(b)

in the case of rights directly attributable to a transfer payment, represent the safeguarded percentage of the rights acquired by virtue of the payment.

(3)

For the purposes of subsection (2)(a), the safeguarded percentage is the percentage of the rights by reference to which the amount of the credit is determined which are contracted-out rights or safeguarded rights.

(4)

For the purposes of subsection (2)(b), the safeguarded percentage is the percentage of the rights in respect of which the transfer payment is made which are contracted-out rights or safeguarded rights.

(5)

In this section—

“contracted-out rights” means such rights under, or derived from—

(a)

an occupational pension scheme contracted-out by virtue of section 5(2) or (3), or

(b)

an appropriate personal pension scheme, as may be prescribed;

“reference rights”, in relation to a pension credit, means the rights by reference to which the amount of the credit is determined.

64B Requirements relating to safeguarded rights.

Regulations may prescribe requirements to be met in relation to safeguarded rights by an occupational pension scheme or a personal pension scheme including provision for such rights to be extinguished or reduced in consequence of a civil recovery order made in respect of such rights.

64C Reserve powers in relation to non-complying schemes.(1)

This section applies to—

(a)

any occupational pension scheme, other than a public service pension scheme, and

(b)

any personal pension scheme.

(2)

If any scheme to which this section applies does not comply with a requirement prescribed under section 64B and there are any persons who—

(a)

have safeguarded rights under the scheme, or

(b)

are entitled to any benefit giving effect to such rights under the scheme,

the Inland Revenue may direct the trustees or managers of the scheme to take or refrain from taking such steps as they may specify in writing for the purpose of safeguarding the rights of persons falling within paragraph (a) or (b).

(3)

A direction under subsection (2) shall be final and binding on the trustees or managers to whom the direction is given and any person claiming under them.

(4)

An appeal on a point of law shall lie to the High Court from a direction under subsection (2) at the instance of the trustees or managers, or any person claiming under them.

(5)

A direction under subsection (2) shall be enforceable in a county court, as if it were an order of that court.

64D Power to control transfer or discharge of liability.

Regulations may prohibit or restrict the transfer or discharge of any liability under an occupational pension scheme or a personal pension scheme in respect of safeguarded rights except in prescribed circumstances or on prescribed conditions.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<act name="ukpga">
<meta>
<identification source="#">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/1993/49"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/1993/49"/>
<FRBRdate date="1993-11-05" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="49"/>
<FRBRname value="1993 c. 49"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/1993/49/2003-02-24"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/1993/49/2003-02-24"/>
<FRBRdate date="2003-02-24" name="validFrom"/>
<FRBRauthor href="#"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/1993/49/2003-02-24/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/1993/49/2003-02-24/data.akn"/>
<FRBRdate date="2024-12-13Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#">
<eventRef refersTo="#enactment" date="1993-11-05" eId="date-enacted" source="#"/>
<eventRef date="1999-12-01" eId="date-1999-12-01" source="#"/>
<eventRef date="2003-02-24" eId="date-2003-02-24" source="#"/>
<eventRef date="2003-04-06" eId="date-2003-04-06" source="#"/>
<eventRef date="2005-04-27" eId="date-2005-04-27" source="#"/>
<eventRef date="2008-07-01" eId="date-2008-07-01" source="#"/>
<eventRef date="2009-04-06" eId="date-2009-04-06" source="#"/>
<eventRef date="2022-09-28" eId="date-2022-09-28" source="#"/>
</lifecycle>
<analysis source="#">
<restrictions source="#">
<restriction refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#body" refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-IIIA" refersTo="#extent-ni" type="jurisdiction"/>
<restriction href="#section-64B" refersTo="#extent-ni" type="jurisdiction"/>
<restriction refersTo="#period-from-2003-02-24-to-2003-04-06" type="jurisdiction"/>
<restriction href="#body" refersTo="#period-from-2003-02-24-to-2022-09-28" type="jurisdiction"/>
<restriction href="#part-IIIA" refersTo="#period-from-2003-02-24-to-2005-04-27" type="jurisdiction"/>
<restriction href="#section-64A" refersTo="#period-from-1999-12-01-to-2005-04-27" type="jurisdiction"/>
<restriction href="#section-64A-2" refersTo="#period-to-2008-07-01" type="jurisdiction"/>
<restriction href="#section-64A-2-a" refersTo="#period-to-2008-07-01" type="jurisdiction"/>
<restriction href="#section-64B" refersTo="#period-from-2003-02-24-to-2009-04-06" type="jurisdiction"/>
<restriction href="#section-64C" refersTo="#period-from-1999-12-01-to-2009-04-06" type="jurisdiction"/>
<restriction href="#section-64D" refersTo="#period-from-1999-12-01-to-2009-04-06" type="jurisdiction"/>
</restrictions>
<otherAnalysis source="">
<uk:commentary href="#part-IIIA" refersTo="#c11726311"/>
<uk:commentary href="#section-64B" refersTo="#key-cffd30bfb8ccb60281c3dbc52b396eb7"/>
</otherAnalysis>
</analysis>
<temporalData source="#">
<temporalGroup eId="period-to-2008-07-01">
<timeInterval end="#date-2008-07-01" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-1999-12-01-to-2005-04-27">
<timeInterval start="#date-1999-12-01" end="#date-2005-04-27" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-1999-12-01-to-2009-04-06">
<timeInterval start="#date-1999-12-01" end="#date-2009-04-06" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2003-02-24-to-2003-04-06">
<timeInterval start="#date-2003-02-24" end="#date-2003-04-06" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2003-02-24-to-2005-04-27">
<timeInterval start="#date-2003-02-24" end="#date-2005-04-27" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2003-02-24-to-2009-04-06">
<timeInterval start="#date-2003-02-24" end="#date-2009-04-06" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2003-02-24-to-2022-09-28">
<timeInterval start="#date-2003-02-24" end="#date-2022-09-28" refersTo="#"/>
</temporalGroup>
</temporalData>
<references source="#">
<TLCEvent eId="enactment" href="" showAs="EnactmentDate"/>
<TLCLocation eId="extent-e+w+s+ni" href="" showAs="E+W+S+N.I."/>
<TLCLocation eId="extent-ni" href="" showAs="N.I."/>
</references>
<notes source="#">
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="c11726311" marker="F1">
<p>
Pt. IIIA (ss. 64A-64D) inserted (1.12.1999 for certain purposes and otherwise 1.12.2000) by
<ref eId="c02157" href="http://www.legislation.gov.uk/id/nisi/1999/3147">S.I. 1999/3147 (N.I. 11)</ref>
,
<ref eId="c02158" class="subref operative" href="http://www.legislation.gov.uk/id/nisi/1999/3147/article/1/5/a">arts. 1(5)(a)</ref>
,
<ref eId="c02159" class="subref" href="http://www.legislation.gov.uk/id/nisi/1999/3147/article/33">33</ref>
;
<ref eId="c02160" href="http://www.legislation.gov.uk/id/nisr/2000/133">S.R. 2000/133</ref>
,
<ref eId="c02161" class="subref" href="http://www.legislation.gov.uk/id/nisr/2000/133/article/2/3">art. 2(3)</ref>
,
<ref eId="c02162" class="subref operative" href="http://www.legislation.gov.uk/id/nisr/2000/133/schedule/part/IV">Sch. Pt. IV</ref>
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="key-cffd30bfb8ccb60281c3dbc52b396eb7" marker="F2">
<p>
Words in s. 64B inserted (24.2.2003) by
<ref eId="cmkdo7192-00007" href="http://www.legislation.gov.uk/id/ukpga/2002/29">Proceeds of Crime Act 2002 (c. 29)</ref>
,
<ref eId="cmkdo7192-00008" class="subref" href="http://www.legislation.gov.uk/id/ukpga/2002/29/section/458/1">s. 458(1)</ref>
,
<ref eId="cmkdo7192-00009" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/2002/29/schedule/11/paragraph/23/5">Sch. 11 para. 23(5)</ref>
;
<ref eId="cmkdo7192-00010" href="http://www.legislation.gov.uk/id/uksi/2003/120">S.I. 2003/120</ref>
,
<ref eId="cmkdo7192-00011" class="subref" href="http://www.legislation.gov.uk/id/uksi/2003/120/article/2">art. 2</ref>
,
<ref eId="cmkdo7192-00012" class="subref" href="http://www.legislation.gov.uk/id/uksi/2003/120/schedule">Sch.</ref>
(with
<ref eId="cmkdo7192-00013" class="subref" href="http://www.legislation.gov.uk/id/uksi/2003/120/article/3">arts. 3</ref>
<ref eId="cmkdo7192-00014" class="subref" href="http://www.legislation.gov.uk/id/uksi/2003/120/article/4">4</ref>
) (as amended (20.2.2003) by
<ref eId="cmkdo7192-00015" href="http://www.legislation.gov.uk/id/uksi/2003/333">S.I. 2003/333</ref>
,
<ref eId="c02161n1" class="subref" href="http://www.legislation.gov.uk/id/nisr/2000/133/article/14">art. 14</ref>
)
</p>
</note>
</notes>
<proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#">
<dc:identifier>http://www.legislation.gov.uk/ukpga/1993/49/part/IIIA/2003-02-24</dc:identifier>
<dc:title>Pension Schemes (Northern Ireland) Act 1993</dc:title>
<dc:description> An Act to consolidate for Northern Ireland certain enactments relating to pension schemes, with corrections and minor improvements under the Consolidation of Enactments (Procedure) Act 1949.</dc:description>
<dc:date/>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-05-17</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2003-02-24</dct:valid>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="1993"/>
<ukm:Number Value="49"/>
<ukm:EnactmentDate Date="1993-11-05"/>
<ukm:ISBN Value="0105449938"/>
</ukm:PrimaryMetadata>
<ukm:Alternatives>
<ukm:Alternative Date="2008-03-02" URI="http://www.legislation.gov.uk/ukpga/1993/49/pdfs/ukpga_19930049_en.pdf" Title="Print Version"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="331"/>
<ukm:BodyParagraphs Value="231"/>
<ukm:ScheduleParagraphs Value="100"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<body eId="body">
<part eId="part-IIIA" uk:target="true">
<num>
<ins class="first" ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">
<noteRef uk:name="commentary" href="#c11726311" class="commentary"/>
PART IIIA
</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">SAFEGUARDED RIGHTS</ins>
</heading>
<section eId="section-64A">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">64A</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311"> Safeguarded rights.</ins>
</heading>
<subsection eId="section-64A-1">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(1)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">Subject to subsection (2), the safeguarded rights of a member of an occupational pension scheme or a personal pension scheme are such of his rights to future benefits under the scheme as are attributable (directly or indirectly) to a pension credit in respect of which the reference rights are, or include, contracted-out rights or safeguarded rights.</ins>
</p>
</content>
</subsection>
<subsection eId="section-64A-2">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(2)</ins>
</num>
<intro>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">If the rules of an occupational pension scheme or a personal pension scheme so provide, a member’s safeguarded rights are such of his rights falling within subsection (1) as—</ins>
</p>
</intro>
<level class="para1" eId="section-64A-2-a">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(a)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">in the case of rights directly attributable to a pension credit, represent the safeguarded percentage of the rights acquired by virtue of the credit, and</ins>
</p>
</content>
</level>
<level class="para1" eId="section-64A-2-b">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(b)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">in the case of rights directly attributable to a transfer payment, represent the safeguarded percentage of the rights acquired by virtue of the payment.</ins>
</p>
</content>
</level>
</subsection>
<subsection eId="section-64A-3">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(3)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">For the purposes of subsection (2)(a), the safeguarded percentage is the percentage of the rights by reference to which the amount of the credit is determined which are contracted-out rights or safeguarded rights.</ins>
</p>
</content>
</subsection>
<subsection eId="section-64A-4">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(4)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">For the purposes of subsection (2)(b), the safeguarded percentage is the percentage of the rights in respect of which the transfer payment is made which are contracted-out rights or safeguarded rights.</ins>
</p>
</content>
</subsection>
<subsection eId="section-64A-5">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(5)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">In this section—</ins>
</p>
</content>
</subsection>
<wrapUp>
<blockList class="unordered none" ukl:Name="UnorderedList" ukl:Decoration="none">
<item>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">“contracted-out rights” means such rights under, or derived from—</ins>
</p>
<blockList class="ordered alpha parens" ukl:Name="OrderedList" ukl:Type="alpha" ukl:Decoration="parens">
<item>
<num>(a)</num>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">an occupational pension scheme contracted-out by virtue of section 5(2) or (3), or</ins>
</p>
</item>
<item>
<num>(b)</num>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">an appropriate personal pension scheme, as may be prescribed;</ins>
</p>
</item>
</blockList>
</item>
<item>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">“reference rights”, in relation to a pension credit, means the rights by reference to which the amount of the credit is determined.</ins>
</p>
</item>
</blockList>
</wrapUp>
</section>
<section eId="section-64B">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">64B</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311"> Requirements relating to safeguarded rights.</ins>
</heading>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">Regulations may prescribe requirements to be met in relation to safeguarded rights by an occupational pension scheme or a personal pension scheme </ins>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">
<ins class="first last" ukl:ChangeId="key-cffd30bfb8ccb60281c3dbc52b396eb7-1499686301360" ukl:CommentaryRef="key-cffd30bfb8ccb60281c3dbc52b396eb7">
<noteRef uk:name="commentary" href="#key-cffd30bfb8ccb60281c3dbc52b396eb7" class="commentary"/>
including provision for such rights to be extinguished or reduced in consequence of a civil recovery order made in respect of such rights
</ins>
</ins>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">.</ins>
</p>
</content>
</section>
<section eId="section-64C">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">64C</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311"> Reserve powers in relation to non-complying schemes.</ins>
</heading>
<subsection eId="section-64C-1">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(1)</ins>
</num>
<intro>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">This section applies to—</ins>
</p>
</intro>
<level class="para1" eId="section-64C-1-a">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(a)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">any occupational pension scheme, other than a public service pension scheme, and</ins>
</p>
</content>
</level>
<level class="para1" eId="section-64C-1-b">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(b)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">any personal pension scheme.</ins>
</p>
</content>
</level>
</subsection>
<subsection eId="section-64C-2">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(2)</ins>
</num>
<intro>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">If any scheme to which this section applies does not comply with a requirement prescribed under section 64B and there are any persons who—</ins>
</p>
</intro>
<level class="para1" eId="section-64C-2-a">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(a)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">have safeguarded rights under the scheme, or</ins>
</p>
</content>
</level>
<level class="para1" eId="section-64C-2-b">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(b)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">are entitled to any benefit giving effect to such rights under the scheme,</ins>
</p>
</content>
</level>
<wrapUp>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">the Inland Revenue may direct the trustees or managers of the scheme to take or refrain from taking such steps as they may specify in writing for the purpose of safeguarding the rights of persons falling within paragraph (a) or (b).</ins>
</p>
</wrapUp>
</subsection>
<subsection eId="section-64C-3">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(3)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">A direction under subsection (2) shall be final and binding on the trustees or managers to whom the direction is given and any person claiming under them.</ins>
</p>
</content>
</subsection>
<subsection eId="section-64C-4">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(4)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">An appeal on a point of law shall lie to the High Court from a direction under subsection (2) at the instance of the trustees or managers, or any person claiming under them.</ins>
</p>
</content>
</subsection>
<subsection eId="section-64C-5">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">(5)</ins>
</num>
<content>
<p>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">A direction under subsection (2) shall be enforceable in a county court, as if it were an order of that court.</ins>
</p>
</content>
</subsection>
</section>
<section eId="section-64D">
<num>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">64D</ins>
</num>
<heading>
<ins ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311"> Power to control transfer or discharge of liability.</ins>
</heading>
<content>
<p>
<ins class="last" ukl:ChangeId="d29p6824" ukl:CommentaryRef="c11726311">Regulations may prohibit or restrict the transfer or discharge of any liability under an occupational pension scheme or a personal pension scheme in respect of safeguarded rights except in prescribed circumstances or on prescribed conditions.</ins>
</p>
</content>
</section>
</part>
</body>
</act>
</akomaNtoso>