{
  "url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-3",
  "json_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-3.json",
  "legislation": "uksi/1988/1014",
  "legislation_title": "The Personal Pension Schemes (Transfer Payments) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Requirements as to the making of transfer payments",
  "text": "(1) Subject to paragraph (2), the administrator of a personal pension scheme if requested so to do in writing by an individual who is a member of the scheme shall make a transfer payment to —\n(a) another personal pension scheme,\n(b) a retirement benefits scheme to which an employer of the individual makes or has made contributions, or\n(c) a statutory scheme.\n(2) A transfer payment shall comprise the whole of the accumulated fund unless, and to the extent that, the fund —\n(a) includes protected rights, or\n(b) has been, or will be, used to pay a personal pension protected rights premium.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "rev.in pt.",
      "affecting": "uksi/1997/480",
      "affecting_title": "The Personal Pension Schemes (Transfer Payments) (Amendment) Regulations 1997"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1014/regulation/3",
    "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."
}