# The Protected Rights (Transfer Payment) Regulations (Northern Ireland) 1996, Regulation 2: General


A money purchase contracted-out scheme or an appropriate personal pension scheme (or a scheme which was formerly a money purchase contracted-out scheme or an appropriate personal pension scheme) may give effect to the protected rights of a member by the making of a transfer payment—
(a) to an appropriate personal pension scheme, or
(b) to an occupational pension scheme,
in accordance with regulations 3 to 5, and 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/nisr/1996/509/regulation/2 (the official version)
Page: https://openlegislation.uk/protected-rights-transfer-payment-regulations-northern-ireland-1996/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.