Regulation 149 Interpretation of ChapterI1

In this Chapter—

• “another pension scheme” (“cynllun pensiwn arall”) means—

  1. (a)

     another occupational pension scheme that is a registered pension scheme but is not a connected scheme,

  2. (b)

     a qualifying recognised overseas pension scheme for the purposes of Part 4 of FA 2004, or

  3. (c)

     a personal pension scheme;

• “club transfer value statement” (“datganiad gwerth trosglwyddiad clwb”) means a statement under regulation 153 (club transfer value statement) of the amount of club transfer earned pension;

• “transfer date” (“dyddiad trosglwyddo”) means the earlier of—

  1. (a)

     if the scheme manager has provided a transfer statement or a club transfer value statement, the last day of the period of two months beginning with the date of the statement, or

  2. (b)

     the day on which the transfer payment is received by the scheme manager;

• “transfer payment request” (“cais am daliad trosglwyddo”) means a request to the scheme manager under this Chapter that a transfer payment be accepted from another pension scheme; and “transfer statement” (“datganiad trosglwyddo”) means a statement under regulation 151 (transfer statement).