Regulation 4 Amendment of the Personal Pension Schemes (Appropriate Schemes) Regulations 1997

in paragraph (2) after sub-paragraph (b) there shall be inserted the words—

“and

(c)

any relevant transferee who has safeguarded rights under the scheme,”; and

after paragraph (2) there shall be inserted the following paragraph:

“(2A)

In paragraph (2)(c) above—

• “relevant transferee” means any person for whose benefit an order or provision is made by virtue of which section 29 of the Welfare Reform and Pensions Act 1999 applies, where that order or provision relates to the rights of a person who is a member of the scheme; and

• “safeguarded rights” has the same meaning as in section 68A of the 1993 Act.”.