Regulation 72 Transfers out
Where the conditions set out in paragraph (2) are met, regulations 73 to 82 apply to P—
to or in respect of whom benefits are payable under one or more of the relevant schemes; and
the last day which counts towards P’s reckonable service (“last day of reckonable service”) or the last day on which P held an eligible fee-paid judicial office is on or after the commencement day.
The conditions are that—
P has not retired;
on P’s last day of reckonable service—
P has accrued rights to benefits under the principal scheme; or
P would have such rights if P’s qualifying judicial service had also ended on that date, and
either—
P’s age on 6th February 2013 was more than one year under normal pension age, and P exercises the option within twelve months of the commencement day; or
P’s age on the date P exercises the option is at least one year under normal pension age.