# The Personal Pension Schemes (Transfer Payments) Regulations 1988, Regulation 7: Requirements as to the application of transfer payments


Where a personal pension scheme accepts a transfer payment the whole of the transfer payment shall be applied to a personal pension arrangement made in accordance with the scheme.

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Source: https://www.legislation.gov.uk/uksi/1988/1014/regulation/7 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-1988/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.