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PART 4 E+WPension accounts

CHAPTER 3E+WPension accounts: general

Closure of pension accounts on transfer out or repayment of balance of contributionsE+W

49.  All pension accounts relating to a member (P) (other than a pension credit member's account) must be closed if—

(a)a transfer payment is made in respect of P's accrued rights under this scheme; or

(b)P is repaid the balance of contributions under regulation 189.