Regulation 5 Amendment of the Contracting-out (Transfer and Transfer Payment) Regulations 1996

The Contracting-out (Transfer and Transfer Payment) Regulations 1996^f1 are amended in accordance with this regulation.

In regulation 1(2) (interpretation) in the definitions of “connected employer transfer” and “connected employer transfer payment”, after the first and third times the words “salary-related contracted-out scheme” appear insert “(or a scheme which was formerly a salary-related contracted-out scheme)”.