Application and interpretation of Chapter 4
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44.—(1) This regulation applies in relation to a remediable value.
(2) In this Chapter, “remediable value” means the following accepted by the scheme manager in respect of a member (“M”)—
(a)a remediable transfer value payment, together with any payment accepted under regulation 34(3);
(b)a remediable club transfer value payment, together with any adjustment accepted under regulation 39(2).