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Regulation 83 Pension debit memberI1

Scotland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The amount of a pension or retirement grant payable to a pension debit member shall be reduced to take into account the debit to which the shareable rights of the pension debit member are subject under a pension sharing order.

(2)

The amount of the reduction shall be calculated in accordance with guidance issued for this purpose by the scheme actuary.

Annotations

Commencement

I1

Reg. 83 in force at 1.4.2009, see reg. 1