Regulation 9 Loss of enhanced protection

This regulation applies if conditions A to F are met.

Condition A is that an individual has one or more relevant existing arrangements (within the meaning given by paragraph 12(4) of Schedule 36).

Condition B is that the lump sum condition specified in paragraph 24(2) of Schedule 36 is met in relation to the individual.

Condition C is that the first notice requirement condition specified in paragraph 24(5) of Schedule 36 is not met in relation to the individual.

Condition D is that the second notice requirement condition specified in paragraph 24(6) of Schedule 36 is met in relation to the individual.

Condition E is that the individual has a certificate issued under regulation 4 on which the individual may rely.

Condition F is that paragraph 12 of Schedule 36 has ceased to apply to the individual.

Paragraph 31 of Schedule 36^f1 applies in relation to the individual and to a registered pension scheme which is a protected pension scheme.

In paragraph (8) “protected pension scheme” has the meaning given by paragraph 31 of Schedule 36.