{
  "url": "https://openlegislation.uk/personal-and-occupational-pension-schemes-protected-rights-regulations-1987/regulation-6",
  "json_url": "https://openlegislation.uk/personal-and-occupational-pension-schemes-protected-rights-regulations-1987/regulation-6.json",
  "legislation": "uksi/1987/1117",
  "legislation_title": "The Personal and Occupational Pension Schemes (Protected Rights) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/personal-and-occupational-pension-schemes-protected-rights-regulations-1987",
  "path": "regulation/6",
  "kind": "regulation",
  "number": "6",
  "heading": "Giving effect to protected rights in money purchase contracted-out scheme by providing lump sum",
  "text": "(1) For the purposes of paragraph 9(3)(b) of Schedule 1 to the Act as modified by section 32(2B) of the Social Security Pensions Act 1975 (effect may be given to protected rights in a money purchase contracted-out scheme by the provision of a lump sum where the annual rate of the pension or annuity would not exceed the prescribed amount) the prescribed amount is £104.\n(2) For the purposes of paragraph 9(3)(c) of Schedule 1 to the Act as modified by section 32(2B) of the Social Security Pensions Act 1975 (effect may be given to protected rights in a money purchase contracted-out scheme by the provision of a lump sum in prescribed circumstances) the prescribed circumstances are that—\n(a) effect is given to all the member’s protected rights by the provision of a lump sum; and\n(b) either—\n(i) the member has no rights under the scheme other than his protected rights; or\n(ii) effect is given to all those of his rights under the scheme which are not protected rights by the provision of a lump sum.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/1994/1062",
      "affecting_title": "The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/1994/1062",
      "affecting_title": "The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994"
    },
    {
      "type": "rev.in pt.",
      "affecting": "uksi/1996/776",
      "affecting_title": "The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/1117/regulation/6",
    "retrieved_at": "2026-10-29T16:24:46.707806+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."
}