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13. After regulation 11B (information provided by members to scheme administrators: pension commencement lump sums)(1) insert—
11BA.—(1) Paragraph (2) applies where a member of a registered pension scheme makes a request to the scheme administrator to make a recognised transfer (“transfer request”) in respect of a qualifying recognised overseas pension scheme.
(2) The member must provide to the scheme administrator—
(a)the member’s—
(i)name;
(ii)date of birth;
(iii)principal residential address and, where that address is not in the United Kingdom, the member’s last principal residential address in the United Kingdom;
(iv)national insurance number or, where applicable, confirmation in writing that the member does not qualify for a national insurance number;
(v)telephone number, if any, which the member provides for use by the scheme administrator or the Commissioners in relation to the scheme;
(vi)the name and address of the qualifying recognised overseas pension scheme;
(vii)the country or territory under the law of which the qualifying recognised overseas pension scheme is established and regulated; and
(b)the member’s acknowledgement in writing that the member is aware that a transfer other than a recognised transfer to a qualifying recognised overseas pension scheme of sums or assets held for the purposes of, or representing accrued rights under, an arrangement under a registered pension scheme—
(i)gives rise to a liability under section 208 (unauthorised payments charge); and
(ii)may give rise to a liability under section 209 (unauthorised payments surcharge).
(3) The information specified in paragraph (2) must be provided within 60 days beginning with the day of the transfer request.
(4) The scheme administrator must send the member notification of the requirements specified in this regulation within 30 days beginning with the day of the transfer request.”.
Regulation 11B was inserted by S.I. 2006/1961.
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