The Occupational and Personal Pension Schemes (Authorised Payments) Amendment Regulations 2009

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

This section has no associated Explanatory Memorandum

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.