{
  "url": "https://openlegislation.uk/teachers-superannuation-scotland-regulations-2005/schedule-12/paragraph-2",
  "json_url": "https://openlegislation.uk/teachers-superannuation-scotland-regulations-2005/schedule-12/paragraph-2.json",
  "legislation": "ssi/2005/393",
  "legislation_title": "The Teachers' Superannuation (Scotland) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/teachers-superannuation-scotland-regulations-2005",
  "path": "schedule/12/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "Where–\n(a) a transfer value is payable to an approved pension or superannuation scheme which is not a club scheme; and\n(b) it falls to be calculated by reference to service rendered by the teacher before 21st October 1988,\nthe transfer value payable shall be the total of A and the greater of B or C, where–\nA is a transfer value calculated in accordance with paragraph 1 in respect of the teacher’s reckonable service after 20th October 1988;\nB is a transfer value calculated in accordance with paragraph 1 in respect of the teacher’s reckonable service before 21st October 1988; and\nC is a transfer value calculated as if Schedule 10 to the 1977 Regulations, as in force on 5th April 1988, had continued in force, in respect of his or her service before 21st October 1988.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1977/1360. Schedule 10 was substituted by S.I. 1988/1618 and amended by S.I. 1989/666. The 1977 Regulations are revoked in their entirety (see Schedule 1 to these Regulations)."
    }
  ],
  "outstanding_effects": [
    {
      "type": "am",
      "affecting": "ssi/2006/308",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2006"
    },
    {
      "type": "am",
      "affecting": "ssi/2007/189",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2007"
    },
    {
      "type": "am",
      "affecting": "ssi/2005/543",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2005"
    },
    {
      "type": "am",
      "affecting": "ssi/2005/543",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2005"
    },
    {
      "type": "am",
      "affecting": "ssi/2005/543",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2005"
    },
    {
      "type": "substituted",
      "affecting": "ssi/2015/98",
      "affecting_title": "The Teachers' Superannuation (Scotland) Amendment Regulations 2015"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2005/393/schedule/12/paragraph/2",
    "retrieved_at": "2026-10-28T22:24:46.895061+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."
}