# The Contracting-out (Transfer and Transfer Payment) Regulations 1996, Paragraph 2


Subject to paragraphs 3 and 4, the arrangements for the transfer (in this Schedule called “the arrangements") must contain provision that the earner’s earnings factors which are attributable to any particular period of service, or the weekly equivalent derived therefrom, will be increased at the same rate under the receiving scheme as that at which they or it would have fallen to be increased under the transferring scheme if—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) the transfer had not taken place.

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Source: https://www.legislation.gov.uk/uksi/1996/1462/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/contracting-out-transfer-and-transfer-payment-regulations-1996/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.