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.