SCHEDULES

SCHEDULE 4Rights to transfer benefits

PART 1Great Britain amendments

Pension Schemes Act 1993 (c. 48)

21

1

Section 101P (interpretation) is amended as follows.

2

In subsection (1), at the appropriate places insert—

“category”, in relation to benefits, has the meaning given by section 101F(6B);

“flexible benefit” has the meaning given by section 74 of the Pension Schemes Act 2015;

3

In that subsection, omit the definition of “pension credit benefit”.

4

Omit subsection (2).

5

In subsection (3), for “given to the trustees or managers of a salary related occupational pension scheme” substitute “ in relation to benefits other than money purchase benefits ”.”