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The Occupational and Personal Pension Schemes (Authorised Payments) Regulations (Northern Ireland) 2009

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Changes over time for: Section 6

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Point in time view as at 01/12/2009.

Changes to legislation:

There are currently no known outstanding effects for the The Occupational and Personal Pension Schemes (Authorised Payments) Regulations (Northern Ireland) 2009, Section 6. Help about Changes to Legislation

Amendment of the Personal and Occupational Pension Schemes (Protected Rights) RegulationsN.I.

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6.  In regulation 8 of the Personal and Occupational Pension Schemes (Protected Rights) Regulations (Northern Ireland) 1997(1) (giving effect to protected rights by the provision of a lump sum)—

(a)in paragraph (1)(2) for “either paragraph (1A)” substitute “paragraph (1A), (1AA)”;

(b)after paragraph (1A) insert—

(1AA) This paragraph is satisfied if the lump sum payment is—

(a)made by a registered pension scheme (within the meaning given in section 150(2) of the Finance Act 2004);

(b)a payment that is described in Part 2 of the Registered Pension Schemes (Authorised Payments) Regulations 2009 (commutation payments), and

(c)made to or in respect of a member..

Commencement Information

I1Reg. 6 in operation at 1.12.2009, see reg. 1(1)

(1)

S.R. 1997 No. 56; relevant amending provisions are S.I. 2006/744 and S.I. 2007/829

(2)

Paragraph (1) was substituted with paragraphs (1) to (1F) by Article 32(3) of S.I. 2006/744 and paragraph (1D) was substituted by Article 5(b) of S.I. 2007/829

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