Amendment of the Personal Pension Schemes (Transfer Values) Regulations11

1

The Personal Pension Schemes (Transfer Values) Regulations (Northern Ireland) 198726 are amended in accordance with paragraphs (2) and (3).

2

In regulations 1(2)27 (interpretation) and 3(3)(b)(ii)28 (manner of calculation and verification of cash equivalents) for “Chapter IV of Part IV”, in each place where it appears, substitute “Chapter 1 of Part 4ZA”.

3

In regulation 4(2)29 (increases and reductions of cash equivalents) for “section 90(1)(b)” substitute “section 90”.