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Regulation 38 Establishment of added pension accountI1

United Kingdom

(1)

A pension account must be established for each active member (P) who makes an added pension election.

(2)

If P is an active member in relation to more than one scheme employment, only one added pension account is to be opened.

(3)

For the purpose of these Regulations, an account established under paragraph (1) is called an added pension account.

Annotations

Commencement

I1

Reg. 38 in force at 1.4.2015, see reg. 1(2)