PART 10Transfers

CHAPTER 3Transfers in

Interpretation of Chapter148

In this Chapter—

  • another pension scheme” means—

    1. a

      another occupational pension scheme that is a registered pension scheme but is not a connected scheme;

    2. b

      a qualifying recognised overseas pension scheme for the purposes of Part 4 of the 2004 Act, or

    3. c

      a personal pension scheme;

  • club transfer value statement” means a statement under regulation 152 (club transfer value statement) of the amount of club transfer earned pension;

  • transfer date” means the earlier of—

    1. a

      if the scheme manager has provided a transfer statement or a club transfer value statement, the last day of the period of two months beginning with the date of the statement; or

    2. b

      the day on which the transfer payment is received by the scheme manager;

  • transfer payment request” means a request to the scheme manager under this Chapter that a transfer payment be accepted from another pension scheme;

  • transfer statement” means a statement under regulation 150 (transfer statement).