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The Personal and Occupational Pension Schemes (Modification of Enactments) Regulations 1987

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Modification of provisions of the Social Security Act 1973 in consequence of Part I of the Social Security Act 1986

4.—(1) In consequence of Part I of the Social Security Act 1986, the provisions of the Social Security Act 1973(1) specified in paragraphs (2) and (3) of this regulation shall have effect subject to the modifications specified in those paragraphs.

(2) Section 64(3)(c) shall have effect as if, after “another scheme”, there were inserted “(whether another occupational pension scheme or a personal pension scheme)”.

(3) Paragraph 6 of Schedule 16 shall have effect as if there were added, after paragraph (1)(b)—

“or

(c)a transfer payment in respect of his rights under a personal pension scheme has been made to the scheme,”.

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