# The Occupational Pension Schemes (Winding up etc.) Regulations 2005, Regulation 5: Early leaver's rights: deemed election for contribution refund


Where, on the commencement of the winding up period, a member becomes a person to whom Chapter 5 of Part 4 of the 1993 Act applies (early leavers: cash transfer sums and contribution refunds), that Chapter applies as if—
(a) he had elected on the day on which that period begins for a contribution refund;
(b) he had accordingly acquired a right to such a refund (and not a right to a cash transfer sum) under section 101AB of that Act; and
(c) all steps required to be taken under that Chapter preliminary to that election had been taken.

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Source: https://www.legislation.gov.uk/uksi/2005/706/regulation/5 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-winding-up-etc-regulations-2005/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.