Miscellaneous amendments relating to changes in status of schemes on 6th April 2006
11.—(1) In rules D.2(1)(b), D.5(1)(b)(ii), D.6(1)(b)(ii) and D.7(1)(b)(ii) of the Scheme (entitlement to pensions where transfers in from other schemes have been accepted under Part F) for “was formerly entitled to rights under a personal pension scheme or a retirement annuity contract in respect of which a transfer value payment has been accepted” substitute “is entitled to short service benefit by virtue of section 71 of the Pension Schemes Act 1993 (basic principles as to short service benefit) because of a transfer value payment having been accepted”.
(2) In rule F.7—
(a)in paragraph (1) (applications for transfers in from schemes of the kind mentioned in paragraph (2) of that rule) for “under any of the following kinds of scheme or arrangement” substitute “under any scheme or arrangement to which a transfer value payment may be made under Chapter 4 of Part 4 of the Pension Schemes Act 1993 (transfer values)”, and
(b)omit paragraph (2).
(3) In rule A.1(4) (definitions)—
(a)in the definition of “personal pension scheme” for “has been approved” onwards substitute “is registered under section 153 of the Finance Act 2004 (registration of pension schemes)”, and
(b)omit the definition of “retirement annuity contract”.