Regulation 7 Basic obligationI1
United Kingdom
Subject to regulations 4 and 8, a personal pension scheme may accept a transfer payment from—
(a)
another personal pension scheme;
(b)
an approved retirement benefits scheme;
(c)
a relevant statutory scheme;
(d)
a retirement annuity contract or trust scheme; or
(e)
a fund to which section 608 of the Taxes Act applies;
but shall not accept a transfer payment from any other source without the prior written approval of the Board.
Annotations
Commencement
- I1
Reg. 7 in force at 14.2.2001 for specified purposes and 6.4.2001 in so far as not already in force, see reg. 1(1)