# The Armed Forces Pension Scheme Order 2005, Paragraph 46: Transfers out on or after 1st October 2023


(1) This paragraph applies to a remediable transfer value to be paid in relation to M by the Scheme manager on or after 1st October 2023.
(2) The Scheme manager, having regard to the advice of the Scheme actuary, must calculate the transfer value of M’s remediable rights as if those rights had been in—
(a) this Scheme;
(b) the reformed scheme.
(3) The amount of the remediable transfer value is the greater of the amounts calculated under sub-paragraph (2).

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Source: https://www.legislation.gov.uk/uksi/2005/438/schedule/3/paragraph/46 (the official version)
Page: https://openlegislation.uk/armed-forces-pension-scheme-order-2005/schedule-3/paragraph-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.