# The National Health Service Pension Scheme Regulations 1995, Regulation M6: Special terms for transfer out (bulk transfers etc)


(1) If one or more members (the transferring members)—
(a) leave pensionable employment,
(b) join another occupational pension scheme, and
(c) exercise a right to transfer to that scheme under regulation M2,
the Secretary of State may, after taking advice from the Scheme Actuary, make a single transfer payment to that scheme in respect of the transferring members.
(2) The Secretary of State must calculate the amount of any transfer payment paid under this regulation after taking advice from the Scheme Actuary.

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Source: https://www.legislation.gov.uk/uksi/1995/300/regulation/M6 (the official version)
Page: https://openlegislation.uk/national-health-service-pension-scheme-regulations-1995/regulation-M6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.