# The Personal and Occupational Pension Schemes (Miscellaneous Amendments) (No. 2) Regulations 1990, Regulation 2: Amendments to the Occupational Pension Schemes (Contracting-out) Regulations 1984


(1) The Occupational Pension Schemes (Contracting-out) Regulations 1984 are amended as described in paragraphs (2) and (3) of this regulation.
(2) Regulation 18A (case in which and condition subject to which transfer premiums may be paid) is amended by replacing the word “condition” in paragraph (1) with the word “conditions” and replacing paragraph (3) with the following–
“(3) The conditions referred to in paragraph (1) are that–
(a) the trustees of the occupational pension scheme from which the earner’s accrued rights have been transferred have, subject to regulation 19(2), elected to pay a transfer premium; and
(b) if the earner’s accrued rights have been transferred to a personal pension scheme, the personal pension scheme is not an appropriate scheme.”.
(3) Regulation 34 (commutation of pension) is amended by replacing proviso (b) to paragraph (4) with the following–
“(b) in the case of an earner who retires before normal pension age, commutation is not permitted before the date on which benefits become payable to the earner under the scheme’s early retirement provisions;”.

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Source: https://www.legislation.gov.uk/uksi/1990/1142/regulation/2 (the official version)
Page: https://openlegislation.uk/personal-and-occupational-pension-schemes-miscellaneous-amendments-no-2-regulations-1990/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.