Regulation 10 Transfers in

(1)

At any time before the AVC member’s normal minimum pension age, an AVC member may make, or arrange to be made, a payment representing the cash equivalent of the AVC member’s accrued rights in any other registered scheme or a qualifying recognised overseas pension scheme to be invested in the scheme.

(2)

A payment under paragraph (1) from a registered scheme may be accepted by the scheme manager only if the administrator of the registered scheme certifies that the payment is a recognised transfer as defined in section 169 of the 2004 Act^f1.

Annotations

Footnotes

f1: Amended by the Finance Act 2005 (c. 7), Schedule 10, paragraph 36, Finance Act 2011 (c. 11), Schedule 16(2), paragraph 66(a) and (b), Finance Act 2013 (c. 29), Part 1, Chapter 4, section 53(3), (4), (5), (6) and (7), Finance Act 2014 (c. 26), Schedule 1(7), paragraph 92, Schedule 7, paragraph 23(a), and the Taxation of Pensions Act 2014 (c. 30), Schedule 1(1), paragraph 8, Schedule 1(7), paragraph 92 and Schedule 2(1), paragraph 4.