# The Taxation of Pension Schemes (Transitional Provisions) Order 2006, Article 35: Enhanced protection and transfers made in connection with the winding up of a pension scheme

Extent: E+W+S+N.I.

(1) In the case of an individual who meets the conditions in paragraph (2), paragraph 12 of Schedule 36 (transitional provisions — “enhanced protection”) is modified in accordance with paragraph (3).
(2) The conditions are—
Condition A
The individual is one to whom paragraph 12 of Schedule 36 applies.
Condition B
The pension scheme of which the individual is a member makes a recognised transfer of sums or assets to an insurance company pursuant to section 169(1A) (permitted transfers).
Condition C
The transfer is made in connection with the winding up of the pension scheme from which the transfer is made.
(3) Paragraph 12(8) is modified as follows—
(a) after paragraph (a) delete the word “or”; and
(b) after paragraph (b) add—
“or;
(c) the transfer is a recognised transfer pursuant to section 169(1A).”.

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Source: https://www.legislation.gov.uk/uksi/2006/572/article/35 (the official version)
Page: https://openlegislation.uk/taxation-of-pension-schemes-transitional-provisions-order-2006/article-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.