Regulation 7 Transfers to Water Act Company schemes

The principal Regulations are amended by inserting after regulation J13 the following:

“J13A

Where a person–

(a)

is, on 31st August 1989, a pensionable employee or an admitted employee, and

(b)

on 1st September 1989 either–

(i)

becomes an employee of a Water Act Company by virtue of any provision contained in, or made under the Water Act 1989^f1, or

(ii)

continues in an employment by virtue of which he was immediately before that date an admitted employee, and

(c)

on that date becomes subject to an approved non-local government scheme managed by or on behalf of a Water Act Company, and

(d)

on that date has not reached state pensionable age, and

(e)

on or before 31st December 1989 has made a written request to the appropriate administering authority for a transfer value to be paid to that scheme,

Regulation J14 shall apply to that person as if the requirements of paragraphs (1)(a), (b), (c) and (d) of that regulation were satisfied and as if references to the employing authority were references to the Water Act Company.”.