{
  "url": "https://openlegislation.uk/judicial-pensions-regulations-2022/regulation-111",
  "json_url": "https://openlegislation.uk/judicial-pensions-regulations-2022/regulation-111.json",
  "legislation": "uksi/2022/319",
  "legislation_title": "The Judicial Pensions Regulations 2022",
  "legislation_url": "https://openlegislation.uk/judicial-pensions-regulations-2022",
  "path": "regulation/111",
  "kind": "regulation",
  "number": "111",
  "heading": "Transfer value payments made to other schemes or pension arrangements",
  "text": "(1) A transfer value payment may only be made in respect of the accrued rights to benefits of an active or deferred member of this scheme.\n(2) A transfer value payment may only be made to—\n(a) a registered pension arrangement in the United Kingdom; or\n(b) a pension arrangement that is a qualifying recognised overseas pension scheme for the purposes of Part 4 (pension schemes etc.) of FA 2004.\n(3) A transfer value payment may not be made in respect of rights that are attributable (directly or indirectly) to a pension credit.\n(4) A member may only require the scheme manager to use a transfer value payment in a way specified in section 95(2A) (ways of taking right to cash equivalent) of PSA 1993.\n(5) The whole of the transfer value payment must be made in accordance with the provisions of this regulation.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 111 in force at 1.4.2022, see reg. 1(4)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 95(2A) was inserted by the Pension Schemes Act 2015, section 68(1) and (3)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2022/319/regulation/111",
    "retrieved_at": "2026-10-28T22:02:21.380450+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}