# The Personal Pension Schemes (Transfer Payments) Regulations 2001, Regulation 9: Basic obligations

Extent: E+W+S+N.I.

Subject to regulations 10 to 14, any transfer payment accepted by a personal pension scheme in accordance with these Regulations shall only be used for providing benefits listed in section 633(1) of the Taxes Act or for making a further transfer payment subject to the provisions of these Regulations.

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Source: https://www.legislation.gov.uk/uksi/2001/119/regulation/9 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-transfer-payments-regulations-2001/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.