Regulation 10 Transfer values
Chapter 4 of Part 4 of the 1993 Act 1993f1 (protection for early leavers: transfer values) is modified as follows in relation to P.
In the application of that Chapter to P as a member of the old scheme, in—
section 89(1)(a) (scope of chapter 4),
section 90(1)(a) and (2) (right to cash equivalent),
section 93(3)(a) (calculation of cash equivalents), and
section 94(1A) and (3) (variation and loss of rights under section 90),
a reference to termination of P’s pensionable service is to be taken as a reference to termination of P’s pensionable service in relation to the new scheme.
Annotations
Footnotes
- f1
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1993 c. 49. Section 93(1)(a) was substituted by Article 149 of the Pensions (Northern Ireland) Order 1995 . Section 90(1)(a) was amended by Article 150(1) and (2) of that Order. Section 90(2) was amended by Article 290 of, and paragraph 9 of Schedule 10 to, the Pensions (Northern Ireland) Order 2005. Section 94(1A) was inserted by, and section 94(3) amended by, Article 165 of, and paragraph 7 of Schedule 4 to, the Pensions (Northern Ireland) Order 1995.