{
  "url": "https://openlegislation.uk/local-government-superannuation-interchange-regulations-1991/note",
  "json_url": "https://openlegislation.uk/local-government-superannuation-interchange-regulations-1991/note.json",
  "legislation": "uksi/1991/2471",
  "legislation_title": "The Local Government Superannuation (Interchange) Regulations 1991",
  "legislation_url": "https://openlegislation.uk/local-government-superannuation-interchange-regulations-1991",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Local Government Superannuation Regulation 1986 (“the principal Regulations” to take account of the provisions relating to transfer values contained in Schedule 1A to the Social Security Pensions Act 1975. Regulations 10 to 17 and 19 to 20 amend Part J of, regulation Q2 of, and Schedules 1, 16 and 17 to, the principal Regulations and revise the provisions regarding–\n(a) the payment of transfer values to occupational pension schemes, personal pension schemes, self-employed pension arrangements and insurance companies representing the cash equivalent of the accrued rights being transferred; and\n(b) the amount of reckonable service to be credited upon receipt of a transfer value calculated in a manner consistent with the methods and assumptions made in determining the transfer value.\nRegulations 2 and 18 make provision regarding receipt of transfer values from additional voluntary contributions provisions and schemes.\nRegulations 3 to 9 amend Parts C and E of the principal Regulations to ensure that any reckonable service credited as a result of the receipt of a transfer value from a personal pension scheme or self-employed arrangement is taken into account for benefit purposes.\nRegulations 21 to 23 make minor amendments to the principal Regulations relating to Housing for Wales and Scottish Homes.\nRegulations 24 to 26 contain transitional provisions.\nRegulation 27 provides for a right to opt out if a person is placed in a worse position as a result of the retrospective application of the Regulations, as described in regulation 1(1). The enabling provision for the retrospective effect is section 12 of the Superannuation Act 1972 (amended by section 10 of the Pensions (Miscellaneous Provisions) Act 1990).\nThe appeal provisions of the principal Regulations are applied by regulation 28.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/2471/note",
    "retrieved_at": "2026-10-29T14:35:10.761463+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}