Paragraph 2 I1
Northern Ireland Not yet in force
Where—
(a)
a transfer value is payable to the scheme managers of a club scheme or a personal pension scheme; or
(b)
a transfer value is payable to the scheme managers of an approved superannuation scheme which is not a club scheme and none of the service to which it relates is service before 1st March 1989,
and no right to a cash equivalent was acquired, the transfer value shall be calculated on the cash equivalent basis.
Annotations
Commencement
- I1
Sch. 11 para. 2 in operation at 2.11.1998, see reg. A1