Exclusion of transfers out in certain casesN.I.
This
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Nodiadau Esboniadol
109—(1) The Pension Schemes Act is amended as follows.
(2) In section 89(1B) (regulations as to the application of provisions relating to transfers for early leavers) after paragraph (a) insert—
“(aa)provide for this Chapter not to apply in prescribed circumstances in relation to a member of a prescribed scheme or schemes of a prescribed description;”.
(3) In section 97F (transfer notice in respect of pension credit benefit) after subsection (6) insert—
“(6A) Regulations may provide for this Chapter not to apply in prescribed circumstances in relation to a member of a prescribed scheme or schemes of a prescribed description.”.