PART 2Modification of contracting-out provisions
Contracting-out4
1
Part 2 of the Occupational Pension Schemes (Contracting-out) Regulations 19968 (certification of employments) is modified as follows in its application to the new scheme.
2
The requirements in regulation 2(1)(a) (making of elections for the issue of contracting-out certificates) and regulations 3 (notices by employers of intended election) to 5 (time for making an election) do not apply.
3
In regulation 6 (information to be included in an election)—
a
paragraph (1) is to be read as though, for sub-paragraphs (a) to (f), there were substituted—
a
the name by which the new scheme is to be known;
b
the name by which the old schemes are known; and
c
any other information necessary to enable the Commissioners for Her Majesty’s Revenue and Customs to identify the old schemes;
b
paragraphs (2) and (3) do not apply.