{
  "url": "https://openlegislation.uk/draft-occupational-pension-schemes-master-trusts-regulations-2018/schedule-5/paragraph-8",
  "json_url": "https://openlegislation.uk/draft-occupational-pension-schemes-master-trusts-regulations-2018/schedule-5/paragraph-8.json",
  "legislation": "ukdsi/2018/9780111170533",
  "legislation_title": "The Occupational Pension Schemes (Master Trusts) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/draft-occupational-pension-schemes-master-trusts-regulations-2018",
  "path": "schedule/5/paragraph/8",
  "kind": "paragraph",
  "number": "8",
  "heading": null,
  "text": "(1) If the trustees receive notice from a member in accordance with paragraph 7, they must—\n(a) arrange for the member’s accrued rights and benefits to be transferred, or the member’s cash equivalent applied, as specified in the notice;\n(b) notify the member of the value of the cash equivalent of his or her accrued rights if the member is not yet receiving benefits under the transferring scheme; and\n(c) notify the member of the value of his or her remaining benefits if the member is receiving benefits under the transferring scheme.\n(2) If the trustees do not receive notice from a member under paragraph 7, the member’s accrued rights and benefits must be transferred to the applicable scheme.\n(3) Any transfer of a member’s rights and benefits, and any application of a member’s cash equivalent, under this paragraph must be made within three months beginning with the end of the option period referred to in paragraph 7(2)(a).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2018/9780111170533/schedule/5/paragraph/8",
    "retrieved_at": "2026-10-30T15:04:23.592628+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}