# The Contracting-out (Transfer and Transfer Payment) Regulations 1996, Regulation 13: Modifications of Part III of the 1993 Act on transfers from policies of insurance or annuity contracts


Where a transfer to a scheme that was a salary-related contracted-out scheme, or a transfer payment to an overseas scheme, in respect of an earner’s accrued rights to guaranteed minimum pensions has taken place from an appropriate policy in accordance with regulation 3 or 6 (or with regulation 2A of the Contracting-out (Transfer) Regulations 1985), the 1993 Act shall have effect subject to the following modifications—
(a) where the earner was in employment which was contracted-out by reference to the receiving scheme, the modification of section 14(1) specified in paragraph 7 of Schedule 2;
(b) where the earner was in employment which was not contracted-out by reference to the receiving scheme, the modifications of sections 8(2), 20(6) and 159 specified in paragraphs 5, 6 and 8 of Schedule 2;
(c) in the case of any transfer payment to an overseas scheme, the modification of section 46 specified in paragraph 2 of Schedule 2.

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Source: https://www.legislation.gov.uk/uksi/1996/1462/regulation/13 (the official version)
Page: https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-1996/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.