{
  "url": "https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-northern-ireland-1996/regulation-7",
  "json_url": "https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-northern-ireland-1996/regulation-7.json",
  "legislation": "nisr/1996/618",
  "legislation_title": "The Contracting-out (Transfer and Transfer Payment) Regulations (Northern Ireland) 1996",
  "legislation_url": "https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-northern-ireland-1996",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "General",
  "text": "(1) A transfer of liability—\n(a) from a salary related contracted-out scheme (or a scheme which was formerly a salary related contracted-out scheme) or from an appropriate policy in respect of the accrued section 5(2B) rights of an earner, or\n(b) from a salary related contracted-out scheme (or a scheme which was formerly a salary related contracted-out scheme) for the payment to, or in respect of, a person who has become entitled to them of pensions under that scheme deriving from section 5(2B) rights,\nmay be made in accordance with arrangements which satisfy paragraph (2) and no such transfer may be made otherwise.\n(2) The arrangements referred to in paragraph (1) must result in there being made—\n(a) in the case of a transfer referred to in paragraph (1)(a), a transfer payment to the receiving scheme or overseas arrangement, in accordance with whichever of regulations 8 to 11 is applicable, of at least the cash equivalent of the accrued section 5(2B) rights in respect of which the transfer is being made, as calculated and verified in a manner consistent with regulations made under section 93, and\n(b) in the case of a transfer referred to in paragraph (1)(b), a connected employer transfer payment to a salary related contracted-out scheme in accordance with regulation 9.\n(3) In this regulation and regulations 8 to 11 “transfer payment” means a payment to effect a transfer of liability such as is referred to in paragraph (1).",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 7 in operation at 6.4.1997, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/1996/618",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2018/51",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2018"
    },
    {
      "type": "words omitted",
      "affecting": "nisr/1997/160",
      "affecting_title": "The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1997"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2017/111",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2017"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2017/111",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2017"
    },
    {
      "type": "words omitted",
      "affecting": "nisr/2013/72",
      "affecting_title": "The Occupational and Stakeholder Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2013"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2016/158",
      "affecting_title": "The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016"
    },
    {
      "type": "words omitted",
      "affecting": "nisr/2016/158",
      "affecting_title": "The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2016/158",
      "affecting_title": "The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2017/111",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2017"
    },
    {
      "type": "inserted",
      "affecting": "nisr/2017/111",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2017"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2018/51",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2018"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2018/51",
      "affecting_title": "The Contracting-out (Transfer and Transfer Payment) (Amendment) Regulations (Northern Ireland) 2018"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1996/618/regulation/7",
    "retrieved_at": "2026-10-29T02:31:29.084427+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}