# Occupational Pension Schemes (Contracting-out) Regulations 1996, Regulation 35: Manner of payment of the age-related payment.


The Secretary of State shall make the age-related payment—
(a) by automated credit transfer into a bank or building society account relating to the relevant scheme and which accepts payments made by automated credit transfer; or
(b) in such other manner as the Secretary of State may in his discretion approve.

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Source: https://www.legislation.gov.uk/uksi/1996/1172/regulation/35 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-contracting-out-regulations-1996/regulation-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.