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Occupational Pension Schemes (Contracting-out) Regulations 1996
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- 1996 No. 1172
- PART IV
- Regulation 39
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Circumstances in which schemes may change mode of contracting-out.
39. Subject to the provisions of any regulations made under section 149 of the 1995 Act, a scheme which has been contracted-out by virtue of section 9(3) of the 1993 Act may become contracted-out by virtue of section 9(2) of that Act only if its trustees have been discharged of all liability to give effect to protected rights.
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