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Paragraph 10 Amendment of regulation F9 (Transfer values payable under interchange arrangements)

Original text. Later amendments are not shown.

In regulation F9–

(a)

in paragraph (3) after “Subject to paragraph (3A)” there shall be inserted “and paragraph (3B)” ; and

(b)

after paragraph (3A) there shall be inserted–

“(3B)

Where a pension debit exists under Part M, the amount of any transfer value payable under this regulation shall be decreased by the actuarial value of that debit.”.