Section 97NA Prohibition on excluding transfers of some rights without others etcF1
Northern Ireland
Except as mentioned in sections 92(4) and 97G(4), a pension scheme may not contain rules that would have the effect of—
preventing a member from exercising a right under this Chapter in relation to a category of benefits without also exercising a right under this Chapter or otherwise to require a transfer payment to be made in respect of another category of benefits, or
preventing a member who exercises a right under this Chapter in relation to a category of benefits from accruing rights to benefits in another category.
Annotations
Textual amendments
- F1
S. 97NA inserted (6.4.2015) by Pension Schemes Act 2015 (c. 8), s. 89(3)(b), Sch. 4 para. 66 (with s. 87)
Notes on Part IVA
Textual amendments
- F1
Pt. 4A Chapters 1, 2 (ss. 97A-97Q) inserted (1.12.1999 for certain purposes and otherwise 1.12.2000) by S.I. 1999/3147 (N.I. 11), arts. 1(5)(a), 34; S.R. 2000/133, art. 2(3), Sch. Pt. IV
Notes on Chapter II
Textual amendments
- F1
Pt. 4A Chapters 1, 2 (ss. 97A-97Q) inserted (1.12.1999 for certain purposes and otherwise 1.12.2000) by S.I. 1999/3147 (N.I. 11), arts. 1(5)(a), 34; S.R. 2000/133, art. 2(3), Sch. Pt. IV
Modifications
- C1
Pt. 4A Ch. 2 modified (1.4.2009) by Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009 (S.R. 2009/33), regs. 1, 94