{
  "url": "https://openlegislation.uk/pension-sharing-pension-credit-benefit-regulations-northern-ireland-2000/regulation-21",
  "json_url": "https://openlegislation.uk/pension-sharing-pension-credit-benefit-regulations-northern-ireland-2000/regulation-21.json",
  "legislation": "nisr/2000/146",
  "legislation_title": "The Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000",
  "legislation_url": "https://openlegislation.uk/pension-sharing-pension-credit-benefit-regulations-northern-ireland-2000",
  "path": "regulation/21",
  "kind": "regulation",
  "number": "21",
  "heading": "Requirements of other pension arrangements",
  "text": "(1) The prescribed requirements referred to in section 97F(2)(c) and (3)(b) (cash equivalent of pension credit benefit to be used to subscribe to other pension arrangements which satisfy prescribed requirements) are that the pension arrangement to which it is proposed to subscribe—\n(a) is an overseas arrangement;\n(b) if it is an overseas arrangement and the cash equivalent is or includes the cash equivalent of safeguarded rights, the arrangement is one to which a transfer payment in respect of such rights may be made in accordance with regulation 6 or 9 of the Safeguarded Rights Regulations (ways of giving effect to safeguarded rights—money purchase schemes, and ways of giving effect to safeguarded rights—salary related schemes), or\n(c) if the scheme from which rights are transferred is of a kind described in any of sub-paragraphs (a) to (e) of paragraph (2), satisfies the requirements of the Inland Revenue.\n(2) The kinds of scheme mentioned in paragraph (1)(c) are—\n(a) a scheme which is approved by the Inland Revenue for the purposes of Chapter I of Part XIV of the Taxes Act (pension schemes, social security benefits, life annuities etc: retirement benefit schemes);\n(b) a scheme which is being considered for approval by the Inland Revenue for the purposes of Chapter I of Part XIV of the Taxes Act;\n(c) a relevant statutory scheme as defined in section 611A(1) of the Taxes Act (definition of relevant statutory scheme);\n(d) a fund to which section 608 of the Taxes Act (superannuation funds approved before 6th April 1980) applies, and\n(e) a scheme which is approved by the Inland Revenue under Chapter IV of Part XIV of the Taxes Act.\n(3) The prescribed circumstances referred to in section 97F(2)(c) and (3)(b) are those referred to in paragraph (1)(b) and (c).",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 21 in operation at 1.12.2000, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 611A was inserted by paragraph 15 of Schedule 6 to the Finance Act 1989 (c. 26)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/2000/146",
      "affecting_title": "The Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000"
    },
    {
      "type": "word inserted",
      "affecting": "nisr/2009/113",
      "affecting_title": "The Pensions (2008 Acts) (Consequential Provisions) Order (Northern Ireland) 2009"
    },
    {
      "type": "omitted",
      "affecting": "nisr/2009/113",
      "affecting_title": "The Pensions (2008 Acts) (Consequential Provisions) Order (Northern Ireland) 2009"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2009/113",
      "affecting_title": "The Pensions (2008 Acts) (Consequential Provisions) Order (Northern Ireland) 2009"
    },
    {
      "type": "words omitted",
      "affecting": "uksi/2006/744",
      "affecting_title": "The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006"
    },
    {
      "type": "substituted",
      "affecting": "uksi/2006/744",
      "affecting_title": "The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2016/172",
      "affecting_title": "The Pension Sharing (Miscellaneous Amendments) Regulations (Northern Ireland) 2016"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2000/146/regulation/21",
    "retrieved_at": "2026-10-29T02:15:46.471802+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}