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Statutory Instrument 1996 No. 1462

The Contracting-out (Transfer and Transfer Payment) Regulations 1996

(The document as of February, 2008)

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STATUTORY INSTRUMENTS

1996 No. 1462

PENSIONS

The Contracting-out (Transfer and Transfer Payment) Regulations 1996

Made5th June 1996
Laid before Parliament11th June 1996
Coming into force6th April 1997


ARRANGEMENT OF REGULATIONS

PART I
GENERAL
1. Citation, commencement and interpretation
PART II
TRANSFERS OF AND TRANSFER PAYMENTS IN RESPECT OF GUARANTEED MINIMUM PENSIONS
2. General
3. Transfers of guaranteed minimum pensions to salary-related contracted-out schemes
4. Connected employer transfers of guaranteed minimum pensions
5. Transfer payments in respect of guaranteed minimum pensions to money purchase contracted-out schemes and appropriate personal pension schemes
6. Transfer payments in respect of guaranteed minimum pensions to overseas schemes
PART III
TRANSFERS OF LIABILITY IN RESPECT OF SECTION 9(2B) RIGHTS
7. General
8. Transfer payments to salary-related contracted-out schemes in respect of section 9(2B) rights
9. Connected employer transfer payments
10. Transfer payments to money purchase contracted-out schemes and appropriate personal pension schemes in respect of section 9(2B) rights
11. Transfer payments to overseas schemes or arrangements in respect of section 9(2B) rights
PART IV
MODIFICATIONS OF PART III OF THE 1993 ACT
12. Modifications of Part III of the 1993 Act on transfers of and transfer payments in respect of guaranteed minimum pensions from occupational pension schemes
13. Modifications of Part III of the 1993 Act on transfers from policies of insurance or annuity contracts
PART V
REVOCATIONS AND TRANSITIONAL PROVISIONS
14. Revocations and transitional provisions

SCHEDULES

 1. Further conditions for transfers of guaranteed minimum pensions

 2. Modifications of Part III of the 1993 Act

 3. Revocations

 4. Transitional provisions

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