# The Occupational and Personal Pension Schemes (Bankruptcy) Regulations 2002, Regulation 9: Calculation and verification of rights under destination arrangements


(1) Where section 342E of the 1986 Act applies, the value of a transferee’s rights under a destination arrangement, derived directly or indirectly from a pension-sharing transaction, shall be—
(a) the cash equivalent of those rights at the date on which the trustee in bankruptcy’s request for that valuation is received by the responsible person; and
(b) calculated and verified in accordance with paragraph (2) below.
(2) In calculating and verifying the cash equivalent of the transferee’s rights referred to in paragraph (1) above, regulation 24 of the Pension Sharing (Pension Credit Benefit) Regulations 2000 shall have effect for the purposes of this regulation in like manner to that in which it has effect for the calculation and verification of pension credit for the purposes of those Regulations.

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Source: https://www.legislation.gov.uk/uksi/2002/427/regulation/9 (the official version)
Page: https://openlegislation.uk/occupational-and-personal-pension-schemes-bankruptcy-regulations-2002/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.