Amendment of regulation 8
This section has no associated Explanatory Memorandum
22. In regulation 8 (payment and amount of contributions)—
(a)in paragraph (4) in the definition of “B” for “another approved scheme” substitute “a registered pension scheme”, and
(b)for paragraph (5) substitute—
“(5) The maximum allowable benefits are the maximum amount that can be secured having regard to regulations 5(4) and 6(2)(a).”.