Amendment of the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations 1997

7.  In regulation 2(1)(a) of the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations 1997(1) (commutation of a pension under an occupational pension scheme), after paragraph (ii) insert—

“(iii) the earner or the earner’s widow, widower or surviving civil partner is a payment—

(aa) by a registered pension scheme (within the meaning given in section 150(2) of the Finance Act 2004 (meaning of “pension scheme”)); and

(bb) that is described in Part 2 of the Registered Pension Schemes (Authorised Payments) Regulations 2009; or”.

(1)

S.I. 1997/785. Regulation 2(1) was substituted by S.I. 2006/744.