Regulation 45 Club transfers in on or after 1 October 2023I1

England and Wales

(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 2015 scheme.

Annotations