OpenLegislation

Paragraph 11 Amendment of regulation F10 (Transfer values payable following cessation of contributions)

Original text. Later amendments are not shown.

In regulation F10–

(a)

in paragraph (4) after “Subject to paragraph (5)” there shall be inserted “and paragraph (9)” ; and

(b)

after paragraph (8) there shall be inserted:–

“(9)

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.”.