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Regulation 142 Transfer statementI1

United Kingdom

(1)

This regulation applies in relation to—

(a)

a request for a transfer payment to be accepted from another pension scheme that is not a club scheme; and

(b)

a request for a transfer payment in respect of added pension to be accepted from another club scheme.

(2)

The scheme manager may require that, before making a transfer payment request, P must ask the scheme manager of the other scheme to provide a statement of the amount of transferred pension, calculated in accordance with actuarial guidance, that P will be entitled to count under regulation 143 (amount of transferred pension) provided that the transfer date falls within the period of two months beginning with the date of that statement.

Annotations

Commencement

I1

Reg. 142 in force at 1.4.2015, see reg. 1(2)