Regulation 33C Restrictions on the payment of a club transfer valueF1
Save as provided in regulation 31(5), a club transfer value is not to be paid under this Section if, before a person's application for a club transfer value payment is received, the person—
(a)
becomes subject to another club scheme and is in receipt of retirement benefits,
(b)
is in receipt of a short-service serious ill-health grant, or
(c)
is in receipt of a short-service annuity.
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