# The Parliamentary Pensions (Amendment) Regulations 2006, Regulation 21: Removal of restrictions on contributions and transfers in and benefits attributable to them


(1) The AVC Regulations are amended as follows.
(2) In regulation 2(1) (interpretation) omit the definitions of “Class A contributor”, “Class B contributor”, “Class C contributor”, “final remuneration”, “maximum pension”, “permitted maximum”, “retained benefits” and “retained death benefits”.
(3) In regulation 5 (contributions)—
(a) in paragraph (1) omit “within limits imposed by the Board of Inland Revenue”,
(b) omit paragraphs (2) and (3), and
(c) for paragraph (4) substitute—
“(4) The Trustees shall only accept payment of a transfer value in respect of a person to the AVC scheme if it is from a registered pension scheme and—
(a) the scheme is a personal pension scheme, or
(b) the transfer value relates to voluntary contribution rights.”.
(4) Omit regulation 11 (maximum benefits) and Schedules 1 and 2 (final remuneration and maximum benefits).

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Source: https://www.legislation.gov.uk/uksi/2006/920/regulation/21 (the official version)
Page: https://openlegislation.uk/parliamentary-pensions-amendment-regulations-2006/regulation-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

