{
  "url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-transfer-values-amendment-and-revocation-regulations-2015/regulation-12",
  "json_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-transfer-values-amendment-and-revocation-regulations-2015/regulation-12.json",
  "legislation": "uksi/2015/498",
  "legislation_title": "The Occupational and Personal Pension Schemes (Transfer Values) (Amendment and Revocation) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/occupational-and-personal-pension-schemes-transfer-values-amendment-and-revocation-regulations-2015",
  "path": "regulation/12",
  "kind": "regulation",
  "number": "12",
  "heading": "Amendment of the Personal Pension Schemes (Transfer Values) Regulations 1987",
  "text": "(1) The Personal Pension Schemes (Transfer Values) Regulations 1987 are amended as follows.\n(2) In regulations 1 (citation, commencement and interpretation) and 3 (manner of calculation and verification of cash equivalents), in each place where it appears, for “Chapter IV of Part IV” substitute “Chapter 1 of Part 4ZA”.\n(3) In regulation 4(2) (increases and reductions of cash equivalents), for “section 94(1)(b)” substitute “section 94”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1987/1112."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Regulation 1 was amended by S.I. 1994/1062, regulation 2 and Schedule 2, paragraph 17, S.I. 2007/60 regulation 2 and Schedule, paragraph 2(a), S.I. 2008/1050 regulation 8 and Schedule 2, paragraph 1 and S.I. 2011/1246 article 3(1) and (2)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Regulation 3 was substituted by S.I. 2008/1050 regulation 8 and Schedule 2, paragraph 1 and amended by S.I. 2008/2450 regulation 2(1) and (2)."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Regulation 4 was substituted by S.I. 2008/1050 regulation 8 and Schedule 2, paragraph 1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/498/regulation/12",
    "retrieved_at": "2026-10-28T23:44:51.465907+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}