# The Police Pensions (Consequential Provisions) Regulations 2015, Regulation 15: Annual allowance charge


(1) This regulation applies to a person (P) who—
(a) is a member of an old scheme whether by virtue of pensionable service for that scheme or deemed transfer scheme service under paragraph 2 of Schedule 7 to the 2013 Act;
(b) is a member of the new scheme by virtue of pensionable service for the new scheme; and
(c) becomes entitled to payment of an ill-health pension under the transitional provisions of the new scheme.
(2) Section 234 of the Finance Act 2004 (defined benefits arrangements) is modified in its application to P as specified in paragraph (3).
(3) When calculating the closing value of P’s rights under the new scheme for the pension input period during which P becomes entitled to payment of the ill-health pension, the element of the ill-health pension that represents pensionable service for the old scheme is not to be counted as being part of the closing value.

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Source: https://www.legislation.gov.uk/uksi/2015/370/regulation/15 (the official version)
Page: https://openlegislation.uk/police-pensions-consequential-provisions-regulations-2015/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.