Amendment of regulation 10 of the AVC Regulations
25.—(1) Regulation 10 of the AVC Regulations (Outward transfers) is amended in accordance with this regulation.
(2) For paragraph (1)(a) substitute—
“(a)where that person has left superannuable employment, to any other registered pension scheme in which the person may be participating; or”.
(3) Omit paragraph (2).
(4) For paragraph (3), substitute—
“(3) The scheme specified in this paragraph is a registered additional voluntary contribution scheme for the purpose of the 2004 Act.”.