# Welfare Reform and Pensions Act 1999, Paragraph 6

Extent: E+W+S

(1) The following are qualifying arrangements for the purposes of this Schedule—
(a) an occupational pension scheme,
(b) a personal pension scheme,
(c) an appropriate annuity contract,
(d) an appropriate policy of insurance, and
(e) an overseas arrangement within the meaning of the Contracting-out (Transfer and Transfer Payment) Regulations 1996.
(2) An annuity contract or policy of insurance is appropriate for the purposes of sub-paragraph (1) if, at the time it is entered into or taken out, the insurer with which it is entered into or taken out—
(a) is carrying on ... long-term insurance business in the United Kingdom ..., and
(b) satisfies such requirements as the Secretary of State may prescribe by regulations.
(3) “Insurer” and “long-term insurance business” have the meaning given in section 180A of the Pension Schemes Act 1993.

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Source: https://www.legislation.gov.uk/ukpga/1999/30/schedule/5/paragraph/6 (the official version)
Page: https://openlegislation.uk/welfare-reform-and-pensions-act-1999/schedule-5/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.