# The Pension Protection Fund (Pension Compensation Sharing and Attachment on Divorce etc) Regulations 2011, Regulation 30: Manner in which an option to commute may be exercised


(1) The manner in which an option to commute periodic compensation under paragraph 9 of Schedule 5 to the Act may be exercised is specified in paragraphs (2) to (4).
(2) A transferee may only exercise an option to commute a portion of the periodic compensation to which they are entitled by giving notice to the Board in writing.
(3) A notice given under paragraph (2) must include—
(a) the name, address, date of birth and national insurance number of the transferee; and
(b) the percentage of the periodic compensation which the transferee opts to commute.
(4) The Board may require a transferee exercising an option to commute to produce any document or provide any other information relevant to the Board's functions in relation to the transferee's request for commutation.

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Source: https://www.legislation.gov.uk/uksi/2011/731/regulation/30 (the official version)
Page: https://openlegislation.uk/pension-protection-fund-pension-compensation-sharing-and-attachment-on-divorce-etc-regulations-2011/regulation-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.