9(1)Subject to the following provisions, paragraph 5 applies in relation to personal pension schemes as it applies to occupational pension schemes.
(2)In sub-paragraph (1) the words from “(except” onwards and in sub-paragraph (2) the words “(except as they so apply)” shall be omitted.
(3)In sub-paragraph (3)(c) for the reference to the provisions there mentioned there shall be substituted a reference to Part III (other than sections 14, 15 and 62 to 64) so far as it relates to personal pension schemes, the members of such schemes or rights in respect of them.
(4)In sub-paragraph (3)(d) the words “or for” onwards shall be omitted.
(5)In sub-paragraph (5)(a) for the words from “that” to “state scheme premium” there shall be substituted the words “ that for the purposes of extinguishing protected rights and reducing any guaranteed minimum pension to which a person is treated as entitled, a personal pension protected rights premium ”.