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The Personal and Occupational Pension Schemes (Tax Approval and Miscellaneous Provisions) Regulations 1988
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- UK Statutory Instruments
- 1988 No. 474
- Regulation 4
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Amendment of the Money Purchase Contracted-out Schemes Regulations 1987
4. For paragraph 4 of the Schedule to the Money Purchase Contracted-out Schemes Regulations 1987(1) there shall be substituted the following paragraph—
“4. An interest-bearing account (including, in the case of a building society, a share or deposit account) with—
(a)a building society as defined in the Building Societies Act 1986(2);
(b)a Pension Company within the meaning of the Building Societies (Designation of Pension Companies) Order 1987(3) which is an associated body of a building society within the meaning of section 18(17) of the Building Societies Act 1986;
(c)an institution authorised under Part I of the Banking Act 1987(4).”.
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