# The Contracting-out (Transfer and Transfer Payment) Regulations 1996, Paragraph


In a case such as is mentioned in regulation 14(3), the Contracting-out (Transfer) Regulations 1985 are modified as follows:
(a) all references to the Occupational Pensions Board are replaced by references to the Secretary of State;
(b) the definition of “overseas scheme" is replaced by the definition of “ overseas scheme ” in these Regulations; and
(c) the definition of “section 53 money purchase scheme" is replaced by the definition “ &4u; “section 53 money purchase scheme" means a scheme which was formerly a money purchase contracted-out scheme and in respect of which section 53 applies ” and the definition of “section 53 salary related scheme" is replaced by the definition “ &4u; “section 53 salary related scheme" means a scheme which was formerly a salary related contracted-out scheme and in respect of which section 53 applies ”.

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Source: https://www.legislation.gov.uk/uksi/1996/1462/schedule/4/paragraph/wrapper1 (the official version)
Page: https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-1996/schedule-4/paragraph-wrapper1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.