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85.—(1) Regulations 88 and 89 (return of contributions) do not apply to AVCs or SCAVCs payable under (or interest on late payments which relate to AVCs or SCAVCs under) Chapter IV of Part III or under any pension policy or agreement made for the payment of AVCs before the commencement date.
(2) The regulations mentioned in paragraph (3) do not apply in relation to benefits under such a policy or agreement.
(3) Those regulations are –
(a)regulation 98 (first instance decisions);
(b)regulation 114 (forfeiture);
(c)regulation 115 (interim payments directions); and
(d)regulation 116 (recovery and retention in cases of misconduct).
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