Regulation 10 Amendment to regulation 11 (Outward transfers)
In regulation 11—
(a)
in paragraph (1)—
(i)
omit “who has ceased to be a contributor by virtue of regulation 7(2)”;
(ii)
before “the value of investments” insert “some or all of”;
(iii)
after “registered pension scheme” insert “or a qualifying recognised overseas pension scheme”;
(b)
in paragraph (2), for “a person who has given written notice to the Secretary of State” substitute “investments which are subject to written notice”.