6(1)The following are qualifying arrangements for the purposes of this Schedule—E+W+S
(a)an occupational pension scheme,
(b)a personal pension scheme,
(c)an appropriate annuity contract,
(d)an appropriate policy of insurance, and
(e)an overseas arrangement within the meaning of the M1Contracting-out (Transfer and Transfer Payment) Regulations 1996.
(2)An annuity contract or policy of insurance is appropriate for the purposes of sub-paragraph (1) if, at the time it is entered into or taken out, the [F1insurer] with which it is entered into or taken out—
(a)is carrying on F2. . . long-term insurance business in the United Kingdom or any other member State, and
(b)satisfies such requirements as the Secretary of State may prescribe by regulations.
[F3(3)“Insurer” and “long-term insurance business” have the meaning given in section 180A of the Pension Schemes Act 1993.]
Textual Amendments
F1Word in Sch. 5 para. 6(2) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 159(2)(a)
F2Word in Sch. 5 para. 6(2)(a) repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 159(2)(b)
F3Sch. 5 para. 6(3) repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 159(3)
Commencement Information
I1Sch. 5 para. 6 wholly in force at 1.12.2000; Sch. 5 para. 6 in force for certain purposes at Royal Assent see s. 89(1)(5); Sch. 5 para. 6 in force at 1.12.2000 insofar as not already in force by S.I. 2000/1047, art. 2(2)(d), Sch. Pt. IV
Marginal Citations