Paragraph 4 I1
Northern Ireland Not yet in force
Where—
(a)
a transfer value is payable to the scheme managers of an approved superannuation scheme which is not a club scheme; and
(b)
the service to which it relates includes service before 1st March 1989; and
(c)
a right to a cash equivalent was acquired,
the amount of the transfer value is
where—
-
D is the transfer value that would have been payable if paragraph 3 had applied; and
-
E is the amount of the cash equivalent.
Annotations
Commencement
- I1
Sch. 11 para. 4 in operation at 2.11.1998, see reg. A1