Regulation 42 Treatment of waived compensatable amount where legacy scheme benefits take effectI1
England and Wales
(1)
This regulation applies where—
(a)
payment of a compensatable amount was waived in accordance with the terms of an agreement under regulation 39(2),
(b)
the waiver under that agreement has ceased to apply, and
(c)
the benefits payable in relation to M’s remediable teacher service are legacy scheme benefits.
(2)
The scheme manager owes M or, where M is deceased, M’s personal representatives the compensatable amount.