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Regulation 35G Restrictions on the acceptance of a transfer valueF1

A transfer value payment in respect of a person (P) may not be accepted under this Section if, before P's application for a transfer value payment is received, P is in receipt of—

(a)

retirement benefits under this scheme,

(b)

a short-service serious ill-health grant, or

(c)

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