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Changes over time for: Section 75
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 01/04/2015
Status:
Point in time view as at 01/04/2009. This version of this provision has been superseded.
Status
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Changes to legislation:
There are currently no known outstanding effects for the Local Government Pension Scheme (Administration) Regulations (Northern Ireland) 2009, Section 75.
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Rights to payment out of the fundN.I.
75.—(1) A member may apply for a transfer under Chapter 4 or 5 (as modified by regulation 74 (application of Chapter 4, etc.)) and where he does so the amount of any transfer payment (as defined in regulation 77(4)(a) (bulk transfers (transfer of undertakings), etc.) due in respect of the member under the relevant Chapter may only be paid by the Committee from the fund or admission agreement fund if it is a recognised transfer (within the meaning of section 169 of the Finance Act 2004()).
(2) Where such a transfer payment is to be or has been paid from the fund, no other payment or transfer of assets may be made from the fund or admission agreement fund as respects the accrued rights covered by the transfer payment.
(3) Paragraph (2) overrides anything to the contrary in—
(a)the former Regulations;
(b)the Local Government Pension Scheme (Amendment No. 2 and Transitional Provisions) Regulations (Northern Ireland) 2002(); or
(c)any other provision under these Regulations, the Benefits Regulations or the Transitional Regulations.
Yn ôl i’r brig