
1 
These Regulations may be cited as the Personal Pension Schemes (Deferred Annuity Purchase) (Acceptance of Contributions) Regulations 1996 and shall come into force on 6th April 1996.
2 

(1) In these Regulations—
 “member” and “personal pension scheme” have the meanings given by section 630(1);
 “pension date” means the date determined in accordance with arrangements made by a member in accordance with a personal pension scheme on which the member elects—
(a) to defer the purchase of an annuity such as is mentioned in section 634, and
(b) to make income withdrawals in accordance with section 634A.
(2) Any reference in these Regulations to a particular section is a reference to that section of the Income and Corporation Taxes Act 1988.
3 

(1) Paragraph (2) prescribes a case for the purpose of section 638(7A) (restriction on approval of personal pension scheme).
(2) The case prescribed is the acceptance by a personal pension scheme after a member’s pension date of minimum contributions paid as mentioned in section 638(6)(c) in respect of that member.
S. C. T. Matheson
G. H. Bush
Two of the Commissioners of Inland Revenue
13th March 1996