Regulation 31B Circumstances in which periodic compensation can be postponedF1
(1)
The circumstances referred to in regulation 31A(a) are as follows.
(2)
The first circumstance is where the person has not attained pension compensation age on the transfer day.
(3)
The second circumstance is where, on the transfer day, the person—
(a)
has attained pension compensation age; and
(b)
is not in receipt of periodic compensation in respect of the pension compensation credit.
Annotations
Textual amendments
- F1
Pt. 10A inserted (30.4.2013) by The Pension Protection Fund, Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations 2013 (S.I. 2013/627), regs. 1(1), 6(2)