# The Protected Rights (Transfer Payment) (Amendment) Regulations 2005, Regulation 3: Amendment of regulation 2 of the principal Regulations


For regulation 2 of the principal Regulations (general) there shall be substituted the following regulation—
“2. (1) Effect may be given to a member’s protected rights by making a transfer payment from—
(a) an appropriate personal pension scheme;
(b) a money purchase contracted-out scheme;
(c) the money purchase part of a mixed benefit contracted-out scheme; or
(d) a scheme mentioned in sub-paragraph (a), (b) or (c) which has ceased to be a contracted-out scheme,
to a scheme specified in paragraph (2) below.
(2) A transfer payment in respect of protected rights may be made to either an—
(a) appropriate personal pension scheme; or
(b) occupational pension scheme,
in accordance with regulations 3 to 5.
(3) In these Regulations a “transfer payment” means a transfer payment such as is described in this regulation.”.

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Source: https://www.legislation.gov.uk/uksi/2005/2906/regulation/3 (the official version)
Page: https://openlegislation.uk/protected-rights-transfer-payment-amendment-regulations-2005/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.