# The Local Government Superannuation Regulations 1986, Paragraph 2

Extent: E+W+S

In any case not falling within paragraph 1 the transfer value payable under regulation Q2(1) in respect of a person is to be calculated in accordance with the following formula—
T=2×C, where—
T is the amount of the transfer value, and
C is the amount of the employer's primary contributions in relation to the reckonable service,
but the amount of the transfer value shall be zero if the person becomes employed in his new local government employment on or after 1st October 1981.

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Source: https://www.legislation.gov.uk/uksi/1986/24/schedule/16/part/V/paragraph/2 (the official version)
Page: https://openlegislation.uk/local-government-superannuation-regulations-1986/schedule-16/part-V/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.