{
  "url": "https://openlegislation.uk/registered-pension-schemes-surrender-of-relevant-excess-regulations-2006/regulation-4",
  "json_url": "https://openlegislation.uk/registered-pension-schemes-surrender-of-relevant-excess-regulations-2006/regulation-4.json",
  "legislation": "uksi/2006/211",
  "legislation_title": "The Registered Pension Schemes (Surrender of Relevant Excess) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/registered-pension-schemes-surrender-of-relevant-excess-regulations-2006",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "The computation condition",
  "text": "(1) Rights are valued in accordance with the computation condition if the value of the rights surrendered—\n(a) is determined in accordance with section 212 (valuation of uncrystallised rights) on the date of the surrender, and\n(b) as so determined, is equal to the relevant excess.\n(2) If rights are surrendered on more than one occasion, the value of the rights surrendered—\n(a) is to be determined separately for each surrender, and\n(b) is the aggregate of the values as so determined.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/211/regulation/4",
    "retrieved_at": "2026-10-29T04:38:48.010922+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}