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Paragraph 3

Original text. Later amendments are not shown.

At the end of regulation 11 there shall be inserted the following paragraph–

“(3)

The Secretary of State may pay a transfer value representing the value of a person’s pension credit or of investments made under regulation 13A(2) in the circumstances of Chapter II of Part IVA of the Pension Schemes Act 1993f1 and regulations made under that Chapterf2.”.

Annotations

Footnotes

f1

Part IVA was inserted into the Pension Schemes Act 1993 by section 37 of the Welfare Reform and Pensions Act 1999.

f2

See Part III of the Pension Sharing (Pension Credit Benefit) Regulations 2000, S.I. 2000/1054.