{
  "url": "https://openlegislation.uk/pension-schemes-northern-ireland-act-1993/section-97AD",
  "json_url": "https://openlegislation.uk/pension-schemes-northern-ireland-act-1993/section-97AD.json",
  "legislation": "ukpga/1993/49",
  "legislation_title": "Pension Schemes (Northern Ireland) Act 1993",
  "legislation_url": "https://openlegislation.uk/pension-schemes-northern-ireland-act-1993",
  "path": "section/97AD",
  "kind": "section",
  "number": "97AD",
  "heading": "Exercise of right under section 97AB",
  "text": "(1) This section applies where a member of an occupational pension scheme acquires a right under section 97AB.\n(2) The member may exercise the right by giving a notice in writing to that effect to the trustees or managers stating—\n(a) which of the options under section 97AB(1) he elects, and\n(b) if he elects for the cash transfer sum, the permitted way in which he requires that sum to be used.\n(3) The notice under subsection (2) must be given on or before—\n(a) the reply date, or\n(b) such later date as the trustees or managers may allow in his case under section 97AI(2).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Pt. 4 Ch. 5 inserted (1.1.2006 for specified purposes, 6.4.2006 in so far as not already in force) by The Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), arts. 1(2), 241 (with art. 285(5)); S.R. 2005/543, art. 2(5), Sch. Pt. 5"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Pt. 4ZA Ch. 2: power to modify conferred (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 5 para. 1(6)(b); S.R. 2022/197, art. 3(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1993/49/section/97AD",
    "retrieved_at": "2026-10-29T09:34:31.493981+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}