PART 2Amendments coming into force on 6th April 2012
Amendment of the Occupational Pension Schemes (Transfer Values) Regulations 199614
1
The Occupational Pension Schemes (Transfer Values) Regulations 199634 are amended as follows.
2
In regulation 1(2) (interpretation), omit the definition of “post-97 protected rights”.
3
In regulation 12 (requirements to be met by receiving schemes, annuities and arrangements)—
a
after paragraph (1)(b), add “and”, and
b
omit paragraph (1)(c), and the word “and” immediately following it.
4
In Schedule 1A (reductions in initial cash equivalents)35, omit paragraph 9.