# Teachers' Superannuation Regulations (Northern Ireland) 1998, Paragraph 4

Extent: N.I.
Status: prospective

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
D-E, 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.

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Source: https://www.legislation.gov.uk/nisr/1998/333/schedule/11/paragraph/4 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-regulations-northern-ireland-1998/schedule-11/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.