{
  "url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-etc-coal-staff-and-mineworkers-schemes-amendment-regulations-2006/note",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-etc-coal-staff-and-mineworkers-schemes-amendment-regulations-2006/note.json",
  "legislation": "uksi/2006/34",
  "legislation_title": "The Occupational Pension Schemes (Transfer Values etc.) (Coal Staff and Mineworkers' Schemes) (Amendment) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-etc-coal-staff-and-mineworkers-schemes-amendment-regulations-2006",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations make amendments which relate to schemes referred to in the British Coal Staff Superannuation Scheme (Modification) Regulations 1994 (S.I. 1994/2576) (“the British Coal Scheme”) and the Mineworkers' Pension Scheme (Modification) Regulations 1994 (S.I. 1994/2577) (“the Mineworkers' Scheme”).\nRegulation 2 amends the Occupational Pension Schemes (Transfer Values) Regulations 1996 (S.I. 1996/1847) where a cash equivalent transfer value is being calculated for a member of the British Coal Scheme or the Mineworkers' Scheme. Where such a member has been awarded a bonus, or bonuses, the amount of the cash equivalent transfer value payable in respect of such bonuses shall reflect that the bonuses are not guaranteed and could be reduced in the future, as a result of the scheme’s funding position.\nRegulation 3 makes amendments to the Pension Sharing (Pension Credit Benefit) Regulations 2000 (S.I. 2000/1054) similar to those made in regulation 2.\nRegulation 4 makes amendments to the Pension Sharing (Valuation) Regulations 2000 (S.I. 2000/1052) similar to those made in regulation 2.\nA full regulatory impact assessment has not been produced for this instrument as it has a negligible impact on the costs of business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/34/note",
    "retrieved_at": "2026-10-29T04:39:35.137901+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."
}