Regulation 42 Club transfers in on or after 1 October 2023I1
Scotland
(1)
This regulation applies in relation to a remediable club transfer value payment which is accepted by the scheme manager on or after 1 October 2023.
(2)
The scheme manager, having consulted the scheme actuary, must determine—
(a)
M’s overall rights in relation to the remediable club transfer value in the legacy scheme;
(b)
M’s benefits if the remediable club transfer value were applied in respect of rights in the reformed scheme.