There are currently no known outstanding effects for the Pension Schemes Act 2015, Paragraph 64.
64(1)Section 97J (time for compliance with transfer notice) is amended as follows.E+W+S
(2)In subsection (1), for paragraphs (a) and (b) substitute—
“(a)in the case of an application that relates to benefits other than money purchase benefits, within 6 months beginning with the valuation date, and
(b)in the case of an application that relates to money purchase benefits, within 6 months of the date on which the notice is given.”
(3)After subsection (2) insert—
“(2A)Regulations may extend the period for complying with the notice in prescribed circumstances.”
(4)For subsection (7) substitute—
“(7)In subsection (1)(a), “valuation date” means the date by reference to which the amount shown in the relevant statement under section 97H is determined.”
Commencement Information
I1Sch. 4 para. 64 wholly in force; Sch. 4 para. 64 in force at Royal Assent for specified purposes; Sch. 4 para. 64 in force in so far as not already in force at 6.4.2015 see s. 89(1)(b)(3)(b)
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