{
  "url": "https://openlegislation.uk/teachers-superannuation-regulations-northern-ireland-1998/regulation-F2",
  "json_url": "https://openlegislation.uk/teachers-superannuation-regulations-northern-ireland-1998/regulation-F2.json",
  "legislation": "nisr/1998/333",
  "legislation_title": "Teachers' Superannuation Regulations (Northern Ireland) 1998",
  "legislation_url": "https://openlegislation.uk/teachers-superannuation-regulations-northern-ireland-1998",
  "path": "regulation/F2",
  "kind": "regulation",
  "number": "F2",
  "heading": "Amounts of transfer values and additional transfer values",
  "text": "(1) Part I of Schedule 11 has effect, subject to paragraphs (2) and (3), for determining the amounts of transfer values payable under regulation F1.\n(2) Unless the receiving scheme is a club scheme, where—\n(a) the person in respect of whom a transfer value is payable had become entitled to count reckonable service under regulation F4(8) (receipt of transfer value); and\n(b) the amount determined in accordance with Part I of Schedule 11, together with that of any cash equivalent paid on the transfer, is less than the appropriate amount,\na transfer value of the appropriate amount shall be paid.\n(3) For the purposes of paragraph (2) the appropriate amount is\nA+B-C, where—\nA is the transfer value received under regulation F4;\nB is the total of the contributions paid by the person under Part C, except any that fell to be treated for the purposes of regulation G2 as employers' contributions; and\nC is any cash equivalent paid on the transfer.",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. F2 in operation at 2.11.1998, see reg. A1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/1998/333",
      "affecting_title": "Teachers' Superannuation Regulations (Northern Ireland) 1998"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2005/495",
      "affecting_title": "The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "substituted",
      "affecting": "nisr/2005/495",
      "affecting_title": "The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2005/495",
      "affecting_title": "The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2005/495",
      "affecting_title": "The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005"
    },
    {
      "type": "words inserted",
      "affecting": "nisr/2005/495",
      "affecting_title": "The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1998/333/regulation/F2",
    "retrieved_at": "2026-10-29T02:22:46.816065+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."
}