Paragraph 5 I1

Northern Ireland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 11 para. 1 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 2 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 3 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 4 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 5 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 6 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 7 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 8 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 9 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 10 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 11 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 11 para. 10(1)(g) words substituted by Teachers' Superannuation 2015 reg. 9(4)(b)
Sch. 11 para. 10(3)(a)(i) words substituted by Teachers' Superannuation 2015 reg. 9(4)(c)(i)
Sch. 11 para. 10(3)(a)(i) words substituted by Teachers' Superannuation 2015 reg. 9(4)(c)(ii)
Sch. 11 para. 10(3)(a)(ii) words substituted by Teachers' Superannuation 2015 reg. 9(4)(d)
Sch. 11 para. 10(3)(b) words substituted by Teachers' Superannuation 2015 reg. 9(4)(e)
Sch. 11 para. 8 8A 9 substituted for Sch. 11 para. 8-9 by Teachers' Superannuation 2015 reg. 8(a)
Sch. 11 para. 10(1)(a) substituted by Teachers' Superannuation 2015 reg. 8(b)
Sch. 11 cross reference words substituted by Teachers' Superannuation 2015 reg. 9(4)(a)

Where—

(a)

a transfer value is payable to the scheme managers of a personal pension scheme; and

(b)

a right to a part cash equivalent was acquired,

the transfer value shall be calculated on the cash equivalent basis but as if the person’s pensionable employment had ended with 5th April 1988.

Annotations

Commencement

I1: Sch. 11 para. 5 in operation at 2.11.1998, see reg. A1