Regulation 2 Amendment of the Personal and Occupational Pension Schemes (Incentive Payments) Regulations 1987

in paragraph (2)(b) after the words “the identity of the employer, or” there shall be inserted the words “, subject to paragraph (2A),”; and

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

“(2A)

For the purposes of paragraph (2)(b) the employment of the earner in question is distinguishable from the employment mentioned in paragraph (2)(a) if —

(a)

throughout the period beginning on 6th April 1988 and ending on the last day of the last tax week in respect of which the payment is claimed it is a condition for admission to membership of the scheme other than the scheme in question that the earner has attained a minimum age or completed a minimum period of service, or both, and on 6th April 1988 the earner in question had not attained that age or completed that period of service; and

(b)

membership of the scheme in question is open only to earners who do not satisfy that condition or those conditions.”.