Regulation 4 Amendments to the Divorce etc. (Pensions) Regulations 1996
In regulation 4(1), for the words from “regulation 6(7)” to “1986” there shall be substituted “regulation 11 of and Schedule 1 to the Occupational Pension Schemes (Transfer Values) Regulations 1996”.
In regulation 4(3)(c), after “(5)” there shall be inserted “and (7)”.
In regulation 4(4), the words from “; and shall in either case” to the end shall be omitted.
In regulation 4(6)(b), for “the Occupational Pension Schemes (Disclosure of Information) Regulations 1986” there shall be substituted “the Occupational Pension Schemes (Disclosure of Information) Regulations 1996 and the Occupational Pension Schemes (Transfer Values) Regulations 1996”.
After regulation 4(6) there shall be inserted the following:—
“(7)For the purposes of this regulation, all regulations referred to herein and made, or having effect as if made, under the powers of the Pension Schemes Act 1993 shall be treated as having effect as if
(a)the words “at least one year” had been omitted from section 93(1)(a)(i) of that Act; and
(b)the words “(other than a scheme which is comprised in an annuity contract made before 4th January 1988)” had been omitted from section 93(1)(b) of that Act.”.