# Pension Schemes (Northern Ireland) Act 1993, Section 20F: Transfer out

Extent: N.I.

(1) Regulations may prescribe—
(a) restrictions on the transfer of the earner's accrued rights under a GMP-converted scheme accrued rights of a person in relation to whom GMP conversion has been effected ;
(b) conditions which must be complied with on the transfer of the earner's accrued rights under a GMP-converted scheme accrued rights of a person in relation to whom GMP conversion has been effected .
(2) Section 16(2) and (5) shall apply to regulations under this section.
(3) Where a member of a non-GMP-converted scheme makes an application under section 91(1), the trustees may with his consent adjust any ... cash equivalent so as to reflect rights that would have accrued if the scheme had been subject to GMP conversion in accordance with Conditions 1 to 4 of section 20B.
Where—
(a) a member of a scheme makes an application under section 91(1), and
(b) GMP conversion has not been effected in relation to the member,
the trustees may with the member’s consent adjust any cash equivalent so as to reflect rights that would have accrued if GMP conversion had been effected in relation to the member in accordance with Conditions 1 to 4 of section 20B.

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Source: https://www.legislation.gov.uk/ukpga/1993/49/section/20F (the official version)
Page: https://openlegislation.uk/pension-schemes-northern-ireland-act-1993/section-20F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.