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Article 8 Circumstances where this Order ceases to have effect as respects a protected person

Original text. Later amendments are not shown.

(1)

Subject to paragraph (2), this article applies where a protected person—

(a)

voluntarily withdraws from a pension scheme in which he has a right to participate under this Order, except in a case where the conditions mentioned in article 3(3) are met in relation to the withdrawal, or

(b)

requests in writing to the trustees of such a pension scheme that his pension rights be transferred from the scheme.

(2)

This article does not apply by virtue of paragraph (1)(b) if the transfer is to another such pension scheme, unless the protected person states to the trustees in writing that he wishes to waive his rights under this Order.

(3)

Where this article applies, this Order shall cease to have effect in the case of the protected person in question, but, where this paragraph applies by virtue of paragraph (1)(b), it only so ceases if and to the extent that his pension rights are transferred in pursuance of the request.