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Regulation 33A Application of this SectionF1

(1)

This Section applies to—

(a)

a person who ceases to be in pensionable employment and enters a club scheme;

(b)

a person who—

(i)

ceases to be in pensionable employment,

(ii)

enters a public service scheme established for teachers and maintained in the Channel Islands or the Isle of Man on or before 31st March 2015, and

(iii)

makes an application for a transfer value payment on or before 31st March 2017.

(2)

Part 1 of Schedule 6 determines the amount of a club transfer value payment.

Annotations

Textual amendments

F1

Pt. 4 substituted (1.4.2015) by The Teachers' Pensions (Miscellaneous Amendments) (No. 2) Regulations 2014 (S.I. 2014/2651), regs. 1, 10