{
  "url": "https://openlegislation.uk/registered-pension-schemes-transfer-of-sums-and-assets-amendment-regulations-2011/regulation-5",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-transfer-of-sums-and-assets-amendment-regulations-2011/regulation-5.json",
  "legislation": "uksi/2011/733",
  "legislation_title": "The Registered Pension Schemes (Transfer of Sums and Assets) (Amendment) Regulations 2011",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-transfer-of-sums-and-assets-amendment-regulations-2011",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Amendment of the Registered Pension Schemes (Transfer of Sums and Assets) Regulations 2006",
  "text": "For regulation 7 (short-term annuity – unauthorised payments) substitute—\n“Short–term annuity – unauthorised payments\n7. (1) In any case within paragraph 6(1B) of Schedule 28 (transfer of sums and assets on cessation of short-term annuity) except where a new short-term annuity becomes payable, the relevant registered pension scheme is to be treated as making an unauthorised payment to the member of an amount equal to the aggregate of the amount of the sums and the market value of the assets transferred.\n(2) In any case within paragraph 6(1B) where a new short-term annuity becomes payable, the new short-term annuity is to be treated as if it were the original short-term annuity for the purposes prescribed in paragraph (3).\n(3) The prescribed purposes are to determine, in relation to pension rule 1 in section 165(1), whether the individual has reached the normal minimum pension age by reference to the day on which the original short-term annuity was first paid.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/733/regulation/5",
    "retrieved_at": "2026-10-29T02:13:08.880890+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}