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Article 16 Membership of the new pension scheme

(1)

For the purposes of Part 3 of Schedule 36 (pension schemes: transitional provisions and savings: pre-commencement benefit rights) the member is to be treated as having become a member of the new pension scheme as the result of a block transfer to it.

(2)

In paragraph (1) “block transfer” has the meaning given by paragraph 22(6) of Schedule 36 M1.

Annotations

Marginal citations

M1

Paragraph 22(6) of Schedule 36 was amended by paragraph 55(4) of Schedule 10 to the Finance Act 2005 with effect from 6th April 2006.