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The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000
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- UK Statutory Instruments
- 2000 No. 1053
- PART IV
- Regulation 11
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The Pension Sharing (Implementation and Discharge of Liability) Regulations 2000, Section 11 is up to date with all changes known to be in force on or before 30 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Regulation 11:
- reg.13 rev.in pt and amended by S.I. 2000/2691 reg 11(7)
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg.13 rev.in pt and amended by S.I. 2000/2691 reg 11(7)
Qualifying arrangementsE+W+S
11.—(1) The requirements referred to in paragraph 6(2)(b) of Schedule 5 to the 1999 Act (requirements applying to annuity contracts or policies of insurance for the purpose of sub-paragraph (1) of that paragraph) are that the annuity contract is entered into or the insurance policy is taken out with an insurance company which is—
[F1(a)a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance; F2...
F2(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]
[F3(2) Paragraph (1)(a) F4... must be read with—
(a)section 22 of the Financial Services and Markets Act 2000;
(b)any relevant order under that section; and
(c)Schedule 2 to that Act.]
Textual Amendments
F1Reg. 11(1)(a)(b) substituted (1.12.2001) for reg. 11(1)(a)-(c) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 591(1)
F2Reg. 11(1)(b) and word omitted (31.12.2020) by virtue of The Occupational and Personal Pension Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/192), regs. 1, 13(2)(a); 2020 c. 1, Sch. 5 para. 1(1)
F3Reg. 11(2) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 591(2)
F4Words in reg. 11(2) omitted (31.12.2020) by virtue of The Occupational and Personal Pension Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/192), regs. 1, 13(2)(b); 2020 c. 1, Sch. 5 para. 1(1)
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