235.—(1) This regulation applies in the case of a member whose transfer is subject to transfer arrangements concluded with any scheme for the provision of retirement benefits established outside the United Kingdom.
(2) The Scheme applies in relation to the member with such modifications as the Department considers necessary to comply with—
(a)the terms of those arrangements,
(b)any applicable provision contained in or made under any statutory provision, and
(c)the requirements to be met by a scheme registered under Chapter 2 of Part 4 of the Finance Act 2004.