Regulation 8 Delayed payments

the value of the cash equivalent as at the relevant date increased with interest on a daily basis over the period from the relevant date to the date of payment at the rate set out in regulation 4(4) of the Occupational Pensions Scheme (Transfer Values) Regulations 1985^f1 or regulation 4(4) of the Occupational Pensions Scheme (Transfer Values) Regulations (Northern Ireland) 1985^f2 as amended from time to time; and

the value of the cash equivalent recalculated as if the date of payment had been the relevant date.