Regulation 14 Occupational pension schemes—notifications to the Secretary of State

Regulation 43 of the Occupational Pension Schemes (Contracting-out) Regulations 1984^f1 shall be amended by the insertion, after paragraph (4), of the following paragraph—

“(4A)

Within 5 weeks after effect has been given to the protected rights of amember of the scheme, the trustees of that scheme shall notify the Secretary of State in writing that effect has been given to those rights, giving such particulars as the Secretary of State may reasonably require to enable him—

(a)

to identify the means by which effect has been given to them;

(b)

where effect has been given to them by means of a pension, annuity or lump sum, to identify the recipient of it;

(c)

where effect has been given to them by means of an annuity, to identify the insurance company responsible for paying the annuity; and

(d)

where effect has been given to them by means of a transfer payment, to identify the personal or occupational pension scheme to which the transfer payment was made.”.