Amendments to the Pension Schemes (Categories of Country and Requirements for Overseas Pension Schemes and Recognised Overseas Pension Schemes) Regulations 2006
This section has no associated Explanatory Memorandum
3. In regulation 3 (recognised overseas pension schemes: prescribed countries or territories and prescribed requirements)—
(a)in paragraph (1)(a)(1) for “the requirement in paragraph (6)” substitute “the requirements in paragraphs (6) and (6A)”;
(b)after paragraph (6)(2) insert—
“(6A) The benefits payable to the member under the scheme, to the extent that they consist of the member’s relevant transfer fund, are payable no earlier than they would be if pension rule 1 in section 165 applied.”.
(1)
Paragraph (1) was substituted by S.I. 2013/2259.
(2)
Paragraph (6) was inserted by S.I. 2012/884.