{
  "url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-scotland-regulations-1992/regulation-11",
  "json_url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-scotland-regulations-1992/regulation-11.json",
  "legislation": "uksi/1992/2649",
  "legislation_title": "The Teachers' Superannuation (Additional Voluntary Contributions) (Scotland) Regulations 1992",
  "legislation_url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-scotland-regulations-1992",
  "path": "regulation/11",
  "kind": "regulation",
  "number": "11",
  "heading": "Outward transfers",
  "text": "(1) Subject to paragraph (2), the Secretary of State shall, on application by a person who has ceased to be a contributor in accordance with regulation 8(2)(c) or (d), pay a transfer value representing the value of investments made under regulation 9(1) or 10(2) to one of the following schemes in which the person may be participating:—\n(a) an approved scheme which provides additional benefits but does not fall within section 591(2)(h) of the Taxes Act; or\n(b) a personal pension scheme; or\n(c) a retirement benefits scheme, provided the trustees or managers certify that the transfer value shall not be used to purchase benefits in the form of a tax-free lump sum.\n(2) A transfer value shall not be payable under paragraph (1) unless one is payable in respect of that person under regulation F1 of the 1992 Regulations.\n(3) Where a transfer value is payable under paragraph (1), the Secretary of State shall make payment by whichever is the earlier of the following:—\n(a) the date 12 months from the date on which the application is received by him; or\n(b) the date on which the applicant attains the age of 60 years where—\n(i) he ceased to be a contributor in accordance with regulation 8(2)(c) or (d) on a date prior to his attaining the age of 59 years; and\n(ii) he made his application for payment of a transfer value within 6 months of that date.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/2649/regulation/11",
    "retrieved_at": "2026-10-29T14:13:10.576646+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}