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Paragraph 1 Interpretation of Part 12

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In this Part—

  • “guaranteed cash equivalent transfer value payment” means a payment of the description mentioned in rule 4(2); and

  • “public sector transfer arrangements” means arrangements approved by the Secretary of State as providing reciprocal arrangements for the payment and receipt of transfer values between this Scheme and other occupational pension schemes.