Regulation 2 Amendment of the Contracting-out (Transfer and Transfer Payment) Regulations 1996
The Contracting-out (Transfer and Transfer Payment) Regulations 1996f1 shall be amended in accordance with this regulation.
In regulation 6f2 (transfer payments in respect of guaranteed minimum pensions to overseas schemes)—
after “an overseas scheme” insert “or an overseas arrangement”;
in paragraph (b) for “the earner” to “applies” substitute “, where the receiving scheme is an occupational pension scheme, the earner is in employment to which the receiving scheme applies”;
in paragraph (d) insert “or arrangement”—
after “scheme” where that word first appears; and
after “receiving scheme”; and
in paragraph (e) insert “or arrangement” after “receiving scheme”.
In regulation 11 (transfer payments to overseas schemes or arrangements in respect of section 9(2B) rights) in paragraph (b)—
omit from “the earner” to “and”; and
for “that he” substitute “the earner”.