The Retirement Benefits Schemes (Continuation of Rights of Members of Approved Schemes) Regulations 1990
These Regulations, which have effect as from 14th March 1989–prescribe the circumstances in which provisions contained in Part II of Schedule 6 to the Finance Act 1989 (“the Schedule”) (which modify the rules of retirement benefits schemes approved by the Commissioners of Inland Revenue (“the Board”) before 27th July 1989, in relation to employees who, in the case of such schemes which came into existence before 14th March 1989, became members on or after 1st June 1989 or, in the case of other such schemes, became members at any time) are disapplied or are applied with prescribed modifica tions in relation to certain of those employees;authorise the Board to direct as from 14th March 1989 or any later date that the Schedule, or any provision of it, shall not apply in any particular case where in the opinion of the Board the facts are such that its application would not be appropriate.