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Article 8 Saving for existing provisions with respect to transfer values

Original text. Later amendments are not shown.

Nothing in this Order shall prevent the payment by any pension fund to which this Order applies of transfer values to another pension fund in the form of moneys which have been applied or invested in exercise of a power referred to in Article 3(1) of this Order in any case where payment in such form is provided for by any existing provision applicable to the funds in question, but where payment is made in such form after the coming into operation of this Order the payment shall have the benefit of the provisions of this Order.