Regulation 3 Amendment of the Occupational Pension Schemes (Preservation of Benefit) Regulations 1991

for paragraph (3), substitute—

“(3)

The condition set out in this paragraph is that—

(a)

the relevant actuary gives a certification, by completing the certificate in Schedule 3, in relation to the members’ rights in the receiving scheme;

(b)

the relevant actuary sends that certificate to the trustees or managers of the transferring scheme;

(c)

the transfer takes place within 3 months of the date of the relevant actuary’s signature in the certificate; and

(d)

there are no significant changes to the benefits, data and documents used in making the certificate (see the benefits, data and documents specified in the certificate) by the date on which the transfer takes place.”,

in paragraph (4), for “paragraph (3)(a)” substitute “making the certification in paragraph 1 of the certificate in Schedule 3”, and

in paragraph (4A), for “paragraph (3)(b)” substitute “making the certification in paragraph 2 of the certificate in Schedule 3”.