# The Personal Equity Plan (Amendment) Regulations 2001, Regulation 11: Amendments to the principal Regulations


(1) Regulation 16 shall be amended as follows.
(2) In paragraph (1)(a) after the word “plan” where it secondly appears there shall be inserted the words “, or the qualifying investments forming part of a plan,”.
(3) After paragraph (1) there shall be inserted the following paragraph—
“(1A) Where part of a plan is transferred, the transferee shall thereafter be the plan manager in relation to the qualifying investments transferred, and all references in these Regulations to the plan manager shall, so far as relates to plan investments transferred, be thereafter taken to be references to the transferee.”
(4) In paragraph (2) for “60” there shall be substituted “30”.
(5) In paragraph (3)(b)—
(a) in the words preceding paragraph (i) after the word “plan” there shall be inserted the words “, or the part of the plan being transferred, as the case may be”;
(b) paragraph (i) shall be omitted.
(6) In paragraph (4)(b) the words “of the plan” shall be omitted.

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Source: https://www.legislation.gov.uk/uksi/2001/923/regulation/11 (the official version)
Page: https://openlegislation.uk/personal-equity-plan-amendment-regulations-2001/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.