# The Personal Pension Schemes (Provisional Approval) (Amendment) Regulations 1988, Regulation 4: Amendments to the Principal Regulations


After regulation 3 of the Principal Regulations there shall be inserted—
“3A Where the scheme is established under a trust, the Board may grant approval of the scheme provisionally if the application is also accompanied by a written undertaking by the scheme administrator that provision is made so as to ensure that neither the capital nor the income of the trust fund is paid to a member of the scheme except by the provision of a benefit referred to in sections 633 to 637 of the Income and Corporation Taxes Act 1988.”.

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Source: https://www.legislation.gov.uk/uksi/1988/1437/regulation/4 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-provisional-approval-amendment-regulations-1988/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.