Regulation 10 Inward transfersI1
England, Wales and Scotland
F1At any time before 1st October 2010, a F2police authority police pension authority may accept a transfer value from the administrator of—
a free-standing additional voluntary contributions scheme, or
F3a registered pension scheme which provides additional benefits but does not fall within section 591(2)(h) of the Taxes Act,
in respect of a basic contributor F4except if or to the extent that the transfer value relates to pension credit rights.
A transfer value accepted by a police pension authority is to be invested by them with such approved additional voluntary contribution providers and in such investments managed by those providers as may be specified in writing by the basic contributor.
A transfer value accepted by a police authority is to be invested by them with an approved additional voluntary contributions provider and in such investments managed by such provider such as may be specified in writing by the basic contributor.
Annotations
Textual amendments
- F1
Words in reg. 10(1) inserted (E.W.) (1.10.2010) by The Police Pensions (Additional Voluntary Contributions) (Amendment) Regulations 2010 (S.I. 2010/2235), regs. 1(1), 2(6) and (S.) (1.10.2010) by The Police Pensions (Additional Voluntary Contributions) Amendment (Scotland) Regulations 2010 (S.S.I. 2010/320), regs. 1(1), 2(6)
- F2
Words in Regulations substituted (E.W.) (16.1.2012) by The Police Pensions (Amendment) Regulations 2011 (S.I. 2011/3063), regs. 1(1), 2-4, Sch. (with reg. 9)
- F3
Words in reg. 10(1)(b) substituted (E.W.) (with effect in accordance with reg. 1(3) of the amending S.I.) by The Police Pension Schemes and Additional Voluntary Contributions (Amendment) (England and Wales) Regulations 2018 (S.I. 2018/530), regs. 1(1), 23 and (S.) (1.4.2019) by The Police Pensions (Miscellaneous Amendments) (Scotland) Regulations 2019 (S.S.I. 2019/68), regs. 1(2), 17
- F4
Words in reg. 10(1) inserted (E.W.) (with effect from 1.12.2000) by The Police Pensions (Pension Sharing) Regulations 2002 (S.I. 2002/3202), reg. 1(1), Sch. 2 para. 2
- F5
Reg. 10(2) substituted (E.W.) (10.2.2003) by The Police Pensions (Amendment) Regulations 2003 (S.I. 2003/27), reg. 1(2), Sch. 2 para. 4
- F6
Reg. 10(2) substituted (S.) (1.10.2003) by The Police Pensions (Scotland) Amendment Regulations 2003 (S.S.I. 2003/406), reg. 1(1), sch. 2 para. 4
Commencement
- I1
Reg. 10 in force at 1.7.1991, see reg. 1