Sch. 4 para. 18 wholly in force; Sch. 4 para. 18 in force at Royal Assent for specified purposes; Sch. 4 para. 18 in force in so far as not already in force at 6.4.2015 see s. 89(1)(b)(3)(b)

http://www.legislation.gov.uk/ukpga/2015/8/schedule/4/paragraph/18Pension Schemes Act 2015An Act to make provision about pension schemes, including provision designed to encourage arrangements that offer people different levels of certainty in retirement or that involve different ways of sharing or pooling risk and provision designed to give people greater flexibility in accessing benefits and to help them make informed decisions about what to do with benefits.texttext/xmlenStatute Law Database2022-11-29Expert Participation2022-08-01SCHEDULESSCHEDULE 4Rights to transfer benefitsPART 1Great Britain amendmentsPension Schemes Act 1993 (c. 48)18(1)

Section 101J (time for compliance with transfer notice) is amended as follows.

(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 101H is determined.

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<b>PART 1</b>
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<i>Pension Schemes Act 1993 (c. 48)</i>
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<p>Section 101J (time for compliance with transfer notice) is amended as follows.</p>
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In subsection (1), for paragraphs (a) and (b) substitute—
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After subsection (2) insert—
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For subsection (7) substitute—
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In subsection (1)(a), “
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