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The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021

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Statutory Instruments

2021 No. 1237

Pensions

The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021

Made

3rd November 2021

Laid before Parliament

8th November 2021

Coming into force

30th November 2021

The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 95(6ZA) to (6ZC), 101F(5A) to (5C), 181(1) and (3), 182(1) and (2) and 183(1) of the Pension Schemes Act 1993(1).

In accordance with section 185(1) of the Pension Schemes Act 1993(2), the Secretary of State has consulted such persons as the Secretary of State considers appropriate.

(1)

1993 c. 48. Section 95(6ZA) to (6ZC) was inserted by section 125(2) of the Pension Schemes Act 2021 (c. 1). Section 101F was inserted by section 37 of the Welfare Reform and Pensions Act 1999 (c. 30) and subsections (5A) to (5C) were inserted by section 125(6) of the Pension Schemes Act 2021. Section 181(1) is cited for the meaning given to “prescribe” and “regulations”. Section 182(1) was amended by paragraph 1 of Part III of Schedule 7 to the Pensions Act 1995 (c. 26). Section 183(1) was amended by paragraph 1 of Part III, and paragraph 1 of Part IV, of Schedule 7 to the Pensions Act 1995.

(2)

Section 185(1) was amended by paragraph 46 of Schedule 3, paragraph 80 of Schedule 5, and Part 1 of Schedule 7 to the Pensions Act 1995.

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