{
  "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988",
  "json_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988.json",
  "id": "uksi/1988/1014",
  "title": "The Personal Pension Schemes (Transfer Payments) Regulations 1988",
  "short_title": "Personal Pension Schemes (Transfer Payments) 1988",
  "long_title": "Section 638(2) of the Income and Corporation Taxes Act 1988 provides that the Board shall not approve a personal pension scheme unless it makes such provision for the making, acceptance and application of transfer payments as satisfies any requirements imposed by or under regulations made by the Board; and these Regulations, which come into force on 1st July 1988 impose such requirements.",
  "citation": "S.I. 1988/1014",
  "type": "uksi",
  "year": "1988",
  "number": "1014",
  "version": "current",
  "date": "1988-06-09",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 9,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Requirements as to the making of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Requirements as to the making of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Requirements as to the acceptance of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Requirements as to the acceptance of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "Requirements as to the application of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
      "number": "8",
      "heading": "Requirements as to the application of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-8",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/9",
      "kind": "regulation",
      "number": "9",
      "heading": "Requirements as to the application of transfer payments",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-9",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [
    {
      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2023-11-22",
      "size": 379179,
      "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/pdf/uksi_19881014_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/1988/1014/pdfs/uksi_19881014_en.pdf"
    }
  ],
  "outstanding_effects": [
    {
      "type": "amended",
      "affected_provisions": "reg. 2-4",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "inserted",
      "affected_provisions": "reg. 4A",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "amended",
      "affected_provisions": "reg. 5",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "amended",
      "affected_provisions": "reg. 6",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "revoked",
      "affected_provisions": "reg. 7",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "amended",
      "affected_provisions": "reg. 8",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "inserted",
      "affected_provisions": "reg. 10",
      "affecting": "uksi/1989/1115",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1989",
      "affecting_provisions": null
    },
    {
      "type": "rev.in pt.",
      "affected_provisions": "reg.3(1)(b)",
      "affecting": "uksi/1997/480",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1997",
      "affecting_provisions": "reg.2"
    },
    {
      "type": "revoked",
      "affected_provisions": "Regulations",
      "affecting": "uksi/2001/119",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) Regulations 2001",
      "affecting_provisions": "reg. 15(2)"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/1988/1",
      "title": "Income and Corporation Taxes Act 1988",
      "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988",
      "provisions": [
        "section/638"
      ]
    }
  ],
  "changes_made_to": 9,
  "changes_made_to_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/changes.json",
  "changes_made_by": 0,
  "changes_made_by_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1014",
    "retrieved_at": "2026-10-29T16:05:27.703657+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."
}