# The Occupational and Personal Pension Schemes (Perpetuities and Contracting-out) Amendment Regulations 2001, Regulation 2: Amendment of the Personal and Occupational Pension Schemes (Perpetuities) Regulations 1990


In regulation 3 of the Personal and Occupational Pension Schemes (Perpetuities) Regulations 1990 (occupational pension schemes prescribed for purposes of exemption from rule against perpetuities) —
(a) in paragraph (3) after the word “fund” there shall be inserted the words “to which section 615(3) of the Taxes Act (fund established in connection with foreign trade or undertaking) applies, or”;
(b) in paragraph (5) for the words from “Taxes Act” (where those words first occur) to “Taxes Act” (where they next occur) there shall be substituted the words “Taxes Act or a personal pension scheme (within the meaning of that Part) so approved for the purposes of Chapter IV of that Part; and where an application has been made for approval (in either such case)”; and
(c) in paragraph (6)—
(i) after the word “under” there shall be inserted the words “section 192(3) or”, and
(ii) after the words “purposes of” there shall be inserted the words “Chapter IV or, as the case may be,”.

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Source: https://www.legislation.gov.uk/uksi/2001/943/regulation/2 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-perpetuities-and-contracting-out-amendment-regulations-2001/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.