# The Personal Pension Schemes (Transfer Payments) Regulations 1988, Regulation 3: Requirements as to the making of transfer payments


(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 —
(a) another personal pension scheme,
(b) a retirement benefits scheme to which an employer of the individual makes or has made contributions, or
(c) a statutory scheme.
(2) A transfer payment shall comprise the whole of the accumulated fund unless, and to the extent that, the fund —
(a) includes protected rights, or
(b) has been, or will be, used to pay a personal pension protected rights premium.

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Source: https://www.legislation.gov.uk/uksi/1988/1014/regulation/3 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.