Regulation 13 Fund apportionment where 100 or more transfer their pension rights under regulation J14

in paragraph 4, by inserting before the words “The relevant date” the words “Subject to paragraph 4A,”;

by inserting after paragraph 4 the following:

“4A

In relation to persons to whom regulation J14 applies by virtue of regulation J13A, the relevant date for the purposes of paragraphs 5 and 6 is 31st March 1988.”;

in paragraph 11A, by inserting after the words “a water authority” the words “or admitted employees by virtue of an admission agreement made with the Severn-Trent Water Authority”;

in paragraph 18, by inserting before the words “The employing authority” the words “Subject to paragraph 18A,”;

by inserting after paragraph 18 the following:

“18A

Where regulation J14 applies by virtue of regulation J13A, the costs of apportioning the fund shall be paid out of that fund, but such costs shall be disregarded in calculating any apportionment under this Schedule.”.