PART 2 Amendments coming into force on 6th April 2016

9 Amendment of the Occupational Pension Schemes (Winding Up) Regulations 1996
1 The Occupational Pension Schemes (Winding Up) Regulations 1996 are amended as follows.
S.I. 1996/3126.
2 In regulation 8 (requirements to be satisfied by transferee schemes, annuities etc.)—
(a) in paragraph (5), before “contracted-out scheme” insert “scheme that was a”; and
(b) for paragraph (7)(a), substitute—

“(a) regulation 18 or 25 of the Occupational Pension Schemes (Schemes that were Contracted-out) (No.2) Regulations 2015 (payment of a lump sum instead of a pension);”

.
Paragraphs (6) to (10) were inserted by S.I. 2005/706. Paragraph (7) was amended by S.I. 2009/615.
3 In regulation 10(3) (disapplication of section 38) in the definition of “relevant lump sum retirement benefits scheme”, in paragraph (b), for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”.