Regulation 47 Interpretation of PartI1

In this Part—

• “amount of credited pension” has the meaning given in regulation 2 of the 2015 Regulations;

• “appropriate amount” means the amount calculated under section 29(2) and (3) of WRPA 1999^f1 in respect of a pension sharing order;

• “cash equivalent” means a value calculated by virtue of section 30 of WRPA 1999;

• “corresponding pension debit member”, in relation to a relevant pension credit member, means the person mentioned in paragraph (b) of the definition of “relevant pension credit member”;

• “pension credit” and “pension debit” have the meanings given in section 57(7) of PSPJOA 2022;

• “pension sharing order” means an order or provision by virtue of which section 29 of WRPA 1999 applies to a relevant pension credit member and the corresponding pension debit member;

• “relevant benefits” means—

  1. (a)

     where P was in pensionable service on the transfer day, the benefits or future benefits to which P was entitled under a judicial scheme by virtue of P’s shareable rights in the scheme in respect of P’s service beginning on 1st April 2015 and ending on the day before the transfer day;

  2. (b)

     otherwise, the benefits or future benefits to which P was entitled under a judicial scheme by virtue of P’s shareable rights in the scheme in respect of P’s service beginning on 1st April 2015 and ending on the last day of P’s service;

• “relevant pension credit member”, in relation to a judicial scheme, means a person who has rights under the scheme—

  1. (a)

     which are attributable (directly or indirectly) to a pension credit, and

  2. (b)

     the value of which was determined (to any extent) by reference to the value of benefits payable in respect of the remediable service or relevant service in a judicial office of another person;

• “relevant period” means—

  1. (a)

     where P has remediable service and an immediate detriment remedy has not been obtained in relation to that service, the election period in relation to P, and

  2. (b)

     otherwise, the notification period in relation to P;

• “shareable rights” has the meaning given in section 27(2) of WRPA 1999;

• “transfer day”, in relation to a pension sharing order, means the day on which the relevant pension sharing order takes effect;

• “valuation day” has the meaning given in section 29(7) of WRPA 1999 in respect of a pension credit member and the corresponding debit member.

For the purposes of this Part, the “notification period”, in relation to P, has the meaning given—