Regulation 56 Application and interpretation of Chapter 5I1
Scotland
(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 payment, together with any payment accepted under regulation 47(3),
(b)
a remediable club transfer value payment, 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).