Regulation 7 GeneralI1

from a salary related contracted-out scheme (or a scheme which was formerly a salary related contracted-out scheme) or from an appropriate policy in respect of the accrued section 5(2B) rights of an earner, or

from a salary related contracted-out scheme (or a scheme which was formerly a salary related contracted-out scheme) for the payment to, or in respect of, a person who has become entitled to them of pensions under that scheme deriving from section 5(2B) rights,

in the case of a transfer referred to in paragraph (1)(a), a transfer payment to the receiving scheme or overseas arrangement, in accordance with whichever of regulations 8 to 11 is applicable, of at least the cash equivalent of the accrued section 5(2B) rights in respect of which the transfer is being made, as calculated and verified in a manner consistent with regulations made under section 93, and

in the case of a transfer referred to in paragraph (1)(b), a connected employer transfer payment to a salary related contracted-out scheme in accordance with regulation 9.