OpenLegislation

Regulation 20 Requirements to be met by annuities

England, Wales and Scotland

F1The prescribed requirements referred to in section 101F(2)(b) of the 1993 Act (cash equivalent to be used for purchasing annuities) are those specified in regulation 15(2) to (7) of the Pension Sharing (Implementation and Discharge of Liability) Regulations 2000 M1 (disqualification as a destination for pension credit—annuity contracts and insurance policies).

Annotations

Textual amendments

F1

Words in reg. 20 substituted (6.4.2009) by The Pensions Act 2008 (Abolition of Safeguarded Rights) (Consequential) Order 2009 (S.I. 2009/598), arts. 1, 8(5)

Marginal citations

M1

S.I. 2000/1053.