The Occupational and Personal Pension Schemes (Transfer Values) (Amendment and Revocation) Regulations (Northern Ireland) 2015

Amendment of the Personal Pension Schemes (Transfer Values) Regulations

This section has no associated Explanatory Memorandum

11.—(1) The Personal Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1987(1) are amended in accordance with paragraphs (2) and (3).

(2) In regulations 1(2)(2) (interpretation) and 3(3)(b)(ii)(3) (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)(4) (increases and reductions of cash equivalents) for “section 90(1)(b)” substitute “section 90”.

(1)

S.R. 1987 No. 290; relevant amending Regulations are S.R. 1994 No. 300 and S.R. 2008 No. 370

(2)

Regulation 1(2) was amended by paragraph 15(2) of Schedule 2 to S.R. 1994 No. 300

(3)

Regulation 3 was substituted by paragraph 1(3) of Schedule 2 to S.R. 2008 No. 370

(4)

Regulation 4 was substituted by paragraph 1(4) of Schedule 2 to S.R. 2008 No. 370