Regulation 32 Amendment of Schedule 2 to the principal Regulations

in paragraph 1 for the words “2, 3, 4, 6 and 7” there is substituted “2, 3, 5 and 6”;

for paragraph 3 there is substituted–

“3

Where a transfer payment is to be made in circumstances where the recipient is not to become responsible for the provision of benefits in respect of a person’s accrued rights to any guaranteed minimum pension the transfer payment shall be reduced by the deduction of an amount sufficient to enable the Secretary of State to meet his liability in respect of any such guaranteed minimum pension.”;

in paragraph 4(c) after the word “officer” there is inserted “or the date on which he ceased to be an officer by virtue of an election under regulation 6(2)”;

in paragraph 8(b) for the words “material date” there is substituted “appropriate date”;

at the end of paragraph 9(1)(a) the word “and” is omitted and after that paragraph there is inserted–

“(aa)

in the case of a transfer from a self-employed pension arrangement a period of service calculated in accordance with paragraph 8(b);”;

in paragraph 9(1)(b) after the word “superannuation” there is inserted “or personal pension”.