Regulation 56 Application and interpretation of Chapter 5I1

England and Wales

(1)

This Chapter applies in relation to the following accepted by the scheme manager in respect of a member (“M”)—

(a)

a remediable transfer value, together with any payment accepted under regulation 47(3);

(b)

a remediable club transfer value, together with any adjustment accepted under regulation 51(2).

(2)

In this Chapter, “transferred in remediable rights” means M’s remediable rights in a teacher pension scheme secured by virtue of a remediable value together with any payment or, as the case may be, adjustment under regulation 47(3) or 51(2).

Annotations

Commencement

I1: Reg. 56 in force at 1.10.2023, see reg. 1(b)