# Pension Schemes Act 2015, Paragraph 81


(1) Article 14 (pension liberation: interpretation) is amended as follows.
(2) In paragraph (2)(a)—
(a) after “accrued rights” insert “ or an entitlement ”;
(b) in head (ii), for “the applicable rules” substitute “ the scheme rules ”.
(3) In paragraph (3)—
(a) for sub-paragraph (a) substitute—
“(a) section 90 of the Pension Schemes Act (right to cash equivalent under Chapter 1 of Part 4ZA of that Act);”;
(b) in sub-paragraph (b), for “Chapter 5 of Part IV” substitute “ Chapter 2 of Part 4ZA ”.
(4) In paragraph (4)(d), for “the applicable rules” substitute “ the scheme rules ”.
(5) Omit paragraph (5).

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Source: https://www.legislation.gov.uk/ukpga/2015/8/schedule/4/paragraph/81 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-2015/schedule-4/paragraph-81
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.