
1 
These Regulations may be cited as the Retirement Benefits Schemes (Restriction on Discretion to Approve) (Small Self-administered Schemes) (Amendment No. 2) Regulations 1998 and shall come into force on 19th June 1998.
2 
In these Regulations “the principal Regulations” means the Retirement Benefits Schemes (Restriction on Discretion to Approve) (Small Self-administered Schemes) Regulations 1991 and “regulation” means a regulation of the principal Regulations.
3 
In regulation 4(1)(c) after the words “purchase those assets” in the definition of “B” there shall be inserted “which are outstanding at that time”.
4 
In regulation 7(2) after the words “purchase those assets” in the definition of “D” there shall be inserted “which are outstanding at that time”.
5 
In regulation 7(3) after the words “purchase those assets” in the definition of “F” there shall be inserted “which are outstanding at that time”.
6 
In regulation 9 after sub-paragraph (b)(ii) there shall be inserted—“
(iia) by virtue of section 3, 4 or 29 of the Pensions Act 1995 or Article 3, 4 or 29 of the Pensions (Northern Ireland) Order 1995 (prohibition, suspension or disqualification),”.
S C T Matheson
C W Corlett
Two of the Commissioners of Inland Revenue
27th May 1998