# The Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014, Regulation 50: Discharge of cash equivalent of benefits treated as money purchase


Where—
(a) before the appointed day, the conditions specified in regulation 29(3) are met in relation to a member of an occupational pension scheme, and
(b) an assessment period begins in relation to the scheme,
the Board may secure the discharge of the cash equivalent of the member's accrued rights to benefits specified in regulation 29(1)(a) which were treated by the trustees or managers of the scheme as money purchase benefits as if those benefits were money purchase benefits.

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Source: https://www.legislation.gov.uk/nisr/2014/204/regulation/50 (the official version)
Page: https://openlegislation.uk/pensions-2012-act-transitional-consequential-and-supplementary-provisions-regulations-northern-ireland-2014/regulation-50
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.