# The Personal and Occupational Pension Schemes (Incentive Payments) Regulations 1987, Regulation 5: Manner of payment under section 7 of the Act


Payments under section 7 of the Act shall be made—
(a) by automated direct credit transfer into a bank or building society account which relates to the relevant scheme and which accepts payments made by automated direct credit transfer; or
(b) in such other manner as the Secretary of State may in his discretion decide.

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Source: https://www.legislation.gov.uk/uksi/1987/1115/regulation/5 (the official version)
Page: https://openlegislation.uk/personal-and-occupational-pension-schemes-incentive-payments-regulations-1987/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.