Regulation 12 Amendment of the Personal Pension Schemes (Transfer Values) Regulations 1987

(1)

The Personal Pension Schemes (Transfer Values) Regulations 1987^f1 are amended as follows.

(2)

In regulations 1 (citation, commencement and interpretation)^f2 and 3 (manner of calculation and verification of cash equivalents)^f3, in each place where it appears, for “Chapter IV of Part IV” substitute “Chapter 1 of Part 4ZA”.

(3)

In regulation 4(2) (increases and reductions of cash equivalents)^f4, for “section 94(1)(b)” substitute “section 94”.

Annotations

Footnotes

f1: S.I. 1987/1112.
f2: 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).
f3: 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).
f4: Regulation 4 was substituted by S.I. 2008/1050 regulation 8 and Schedule 2, paragraph 1.