Paragraph 1
Any pension rights—
(a)
of a person who ceased to be a participant on or before 31st March 1994, or
(b)
which derive (directly or indirectly) from the pension rights of such a person, and
which derive from any period of participation which ceased on or before 31st March 1994 shall be allocated to the 1994 Pensioners “A” Section of the transferee scheme.