# Local Government Pension Scheme Regulations (Northern Ireland) 2002, Regulation 120: Rights to payment out of the fund

Extent: N.I.

(1) The amount of any transfer payment due in respect of a member under Chapter IV of Part IV of the Pension Schemes (Northern Ireland) Act 1993 is payable by the Committee from the fund.
(2) Where such a transfer payment is to be or has been paid from the fund, no other payment or transfer of assets may be made from the fund as respects the accrued rights covered by the transfer payment.
(3) Paragraph (2) overrides anything to the contrary in the former regulations, any other provision of these Regulations or the Transitional Regulations.

---
Source: https://www.legislation.gov.uk/nisr/2002/352/regulation/120 (the official version)
Page: https://openlegislation.uk/local-government-pension-scheme-regulations-northern-ireland-2002/regulation-120
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.