# The Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 2010, Regulation 2: Amendment of the Occupational Pension Schemes (Contracting-out) Regulations 1996


(1) The Occupational Pension Schemes (Contracting-out) Regulations 1996 are amended as follows.
(2) In Regulation 60(1)(b)(payment of a guaranteed minimum pension as a lump sum)—
(a) omit “permitted either”,
(b) in sub-paragraphs (i) and (ii), insert at the beginning “permitted”,
(c) in sub-paragraph (i), omit (cc), and
(d) at the end insert—
“; or
(iii) made by a registered pension scheme (within the meaning given in section 150(2) of the Finance Act 2004 (meaning of “pension scheme”)), is a payment that is described in Part 2 of the 2009 Regulations and is made to or in respect of a member.”

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Source: https://www.legislation.gov.uk/uksi/2010/499/regulation/2 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-miscellaneous-amendments-regulations-2010/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.