The Teachers’ Superannuation (Additional Voluntary Contributions) (Amendment) Regulations 2015 No. 594

Amendment to regulation 11 (Outward transfers)

10.  In regulation 11—

(a) in paragraph (1)—

(i) omit “who has ceased to be a contributor by virtue of regulation 7(2)”;

(ii) before “the value of investments” insert “some or all of”;

(iii) after “registered pension scheme” insert “or a qualifying recognised overseas pension scheme”;

(b) in paragraph (2), for “a person who has given written notice to the Secretary of State” substitute “investments which are subject to written notice”.