# The Pensions (Northern Ireland) Order 2005, Paragraph 25: The Pension Schemes Act


(1) Section 174 (linked qualifying service) is amended as follows.
(2) In subsection (1)(a)—
(a) for “the rules of a scheme” substitute “Chapter 4 or 5 of Part IV or under the rules of a scheme”,
(b) for sub-paragraph (i) substitute—
“(i) there was made a transfer of his rights (including any transfer credits allowed) under that scheme, or a transfer payment in respect of those rights, to, or to the trustees or managers of, another scheme applying to him in the later period of service;”,
(c) for “and” at the end of sub-paragraph (ii), substitute “or”, and
(d) after that sub-paragraph add—
“(iii) a cash equivalent (within the meaning of Chapter 4 of Part IV) or cash transfer sum (within the meaning of Chapter 5 of that Part) was paid in respect of him to the trustees or managers of another scheme applying to him in the later period of service; and”.
(3) In subsection (1)(b), after “second scheme,” insert “or the payment to the trustees or managers of that scheme,”.

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Source: https://www.legislation.gov.uk/ukdsi/2005/0110490924/schedule/10/paragraph/25 (the official version)
Page: https://openlegislation.uk/draft-pensions-northern-ireland-order-2005/schedule-10/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.