PART 2Amendments coming into force on 6th April 2016
Amendment of the Occupational Pension Schemes (Schemes that were Contracted-out) (No.2) Regulations 201528
In regulation 2(1) (interpretation) of the Occupational Pension Schemes (Schemes that were Contracted-out) (No.2) Regulations 201562, in the definition of “section 9(2B) rights”—
a
for “contracted-out by virtue of section 9(2B) of the 1993 Act” in both places where it occurs, substitute “that was a salary related contracted-out scheme”; and
b
in paragraph (b), in the introductory words—
i
after “has been made” insert “(other than a payment made in accordance with regulation 10 (transfers payments to occupational and personal pension schemes in respect of section 9(2B) rights) of the Contracting-out (Transfer and Transfer Payment) Regulations 1996)”; and
ii
after “such a scheme,” insert “whether before or after the second abolition date,”.