# The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014, Paragraph 30: Determination of the buy-out value

Extent: S

(1) The buy-out value is an amount determined by the scheme manager.
(2) If an additional pension election or a faster accrual election is subsequently made in respect of a person (P), the scheme manager may—
(a) re-determine the buy-out value; and
(b) send a written notice to P stating the re-determined buy-out value.

---
Source: https://www.legislation.gov.uk/ssi/2014/292/schedule/2/paragraph/30 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/schedule-2/paragraph-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.