Regulation 6 Amendment of the 1994 Regulations

In regulation 10 for paragraph (1) substitute the following paragraph—

“(1)

Where a person in pensionable employment has paid contributions to a registered pension scheme that person, whether or not he becomes a contributor (within the meaning of these Regulations) may give written notice to the Secretary of State that he wishes the Secretary of State to accept from the trustees or managers of that scheme a transfer value representing the value of the investments from his contributions.”.