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

Extent: N.I.
Status: prospective

Where a transfer to 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 1985 Regulations), 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 10(1) specified in paragraph 2 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 4(2), 16(6) and 155 specified in paragraphs 5, 6 and 7 of Schedule 2;
(c) in the case of any transfer payment to an overseas scheme, the modification of section 42 specified in paragraph 4 of Schedule 2.

---
Source: https://www.legislation.gov.uk/nisr/1996/618/regulation/13 (the official version)
Page: https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-northern-ireland-1996/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.