The Occupational Pension Schemes (Contracted-out Protected Rights Premiums) Regulations 1987

Amendment of regulation 20 of the principal Regulations

5.—(1) Regulation 20 of the principal Regulations (time for payment of state scheme premiums) shall be amended in accordance with the following provisions of this regulation.

(2) In sub-paragraph (b) of paragraph (1), at the end there shall be inserted “or, in the case of a contracted-out protected rights premium, certifying that the premium is payable”.

(3) After paragraph (3) there shall be inserted the following paragraph—

“(3A)   In cases where a state scheme premium has become payable by reason of the fact that a contracted-out scheme has ceased to be contracted-out and a person’s protected rights are not the subject of approved arrangements under section 44ZA or, having been so subject, have ceased to be so subject, references in paragraph (1)(a) to the date of termination of contracted-out employment shall be read as references to the date on which the Board certify under regulation 18(4) that the protected rights in question are not subject to approved arrangements or have ceased to be so subject.”

(4) After paragraph (4) there shall be inserted the following paragraph—

“(4A)   In cases where a state scheme premium has become payable by reason of the fact that a contracted-out scheme has ceased to be contracted-out and a person’s protected rights are, in part only, subject to approved arrangements under section 44ZA. references in paragraph (1)(a) to the date of termination of contracted-out employment shall be read as references to the date on which the Board certify under regulation 18(4) that the protected rights in question are, in part only, subject to approved arrangements.”