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Amendment of the Pension Sharing (Pension Credit Benefit) Regulations 2000

6.—(1) The Pension Sharing (Pension Credit Benefit) Regulations 2000(1) are amended as follows.

(2) In regulation 10 (transfer of a person’s pension credit rights without consent)—

(a)for paragraph (3)(2), substitute—

(3) The condition set out in this paragraph is that, subject to paragraph (6)—

(a)the relevant actuary gives a certification, by completing the certificate in the Schedule, in relation to the person’s pension credit rights in the receiving scheme;

(b)the relevant actuary sends that certificate to the trustees or managers of the transferring scheme;

(c)the transfer takes place within 3 months of the date of the relevant actuary’s signature in the certificate; and

(d)there are no significant changes to the benefits, data and documents used in making the certificate (see the benefits, data and documents specified in the certificate) by the date on which the transfer takes place., and

(b)in paragraph (4), for “paragraph (3)(b)” substitute “making the certification in paragraph 2 of the certificate in the Schedule”.

(3) Insert as the Schedule the Schedule specified in Schedule 3 to these Regulations.

(2)

Regulation 10(3) was amended by S.I. 2000/2691.