Regulation 73 Appropriate fundsI1

England, Wales and Scotland Not yet in force

(1)

The appropriate fund for a member or a person who is entitled to any benefit in respect of a person who has been a member is–

(a)

in the case of an active member, the fund specified for a member of his description in accordance with Schedule 5;

(b)

in the case of–

(i)

a deferred or a pensioner member who was an active member on the commencement date or has been an active member since that date, or

(ii)

a member in respect of whom another person has rights under the 1987 Regulations and these Regulations,

the fund so specified for a member of his description when he ceased to be an active member; and

(c)

in the case of any other deferred or a pensioner member, the fund specified for him by virtue of regulation 19 of the Transitional Regulations.

(2)

Where these Regulations refer to payments being made without referring to the fund to which or from which they are to be made, the reference is to payments being made to or from the fund which is the appropriate fund for the member in question.

(3)

Paragraph (2) does not apply where the payments are made under Chapter IV of Part III (AVCs and SCAVCs).

Annotations

Commencement

I1: Reg. 73 in force at 1.4.1998, see reg. 1