Regulation 3 Amendment of the Personal Pension Schemes (Disclosure of Information) Regulations 1987

After regulation 5 of the Personal Pension Schemes (Disclosure of Information) Regulations 1987^f1 there is inserted the following regulation—

“Member to be informed when contributions not received

5A

Where the trustees of any scheme have not received a payment of contributions (other than minimum contributions) by the date on or before which it was expected to be made, they shall inform the member concerned in writing before the expiry of three months from that date, unless the payment is received by them within that period.”.

In relation to any payment of contributions which was expected to be made before the coming into force of this regulation the Personal Pension Schemes (Disclosure of Information) Regulations 1987 shall have effect as if this regulation had not been made.