Regulation 7 Amendment of the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations 1997

In regulation 2(1)(a) of the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations 1997^f1 (commutation of a pension under an occupational pension scheme), after paragraph (ii) insert—

“(iii)

the earner or the earner’s widow, widower or surviving civil partner is a payment—

(aa)

by a registered pension scheme (within the meaning given in section 150(2) of the Finance Act 2004 (meaning of “pension scheme”)); and

(bb)

that is described in Part 2 of the Registered Pension Schemes (Authorised Payments) Regulations 2009; or”.