Transfer Payments and Preserved Benefits

Part of New Clause 1 – in the House of Commons at 3:32 pm on 20th July 1987.

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(6) The trustees of an exempt approved scheme may apply to the Occupational Pensions Board for deferment of the latest date for the amendment of its rules in accordance with this section and to retain its status as an exempt approved scheme in respect of its liabilities incurred after that date to a date not later than 1st January 1989.