Regulation 3 Amendment to the Occupational Pension Schemes (Contracting-out) Regulations 1996

In regulation 20(1)(a) of the Occupational Pension Schemes (Contracting-out) Regulations 1996 (payment of a lump sum instead of a pension payable under a relevant scheme)^f1, after paragraph (ii) insert—

“(iia)

an uncrystallised funds pension lump sum for the purposes of paragraph 4A of that Part;”.