# The Insurance Companies (Pension Business) (Transitional Provisions) (Amendment) Regulations 1993, Regulation 3: Amendments to the principal Regulations


In regulation 4, the following paragraphs shall be substituted for paragraph (2)—
“(2) The prescribed percentage is 7.5 per cent. for an accounting period ending after 2nd October 1992 and before 1st January 1994.
(3) Subject to paragraph (2) above, the prescribed percentage is 12.5 per cent.”.

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Source: https://www.legislation.gov.uk/uksi/1993/3109/regulation/3 (the official version)
Page: https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1993/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.