Regulation 26 Calculation of transfer values

Part I of Schedule 16 to the principal Regulations is amended by inserting after paragraph 1(1)(d)(ii) the words–

“or

(iii)

a transfer premium paid under section 44A of that Act,”.

Paragraph 6 of Part V of Schedule 16 to the principal Regulations is amended by inserting after the words“1974 Regulations,” the words“or has made them a payment which by virtue of regulation G10(2) or G11 of these Regulations (modification in certain cases where person returns to local government employment after 28th February 1986) has the same effect,”.