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Pension Schemes Act 1993

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Changes over time for: Section 27

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Version Superseded: 06/04/2012

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Point in time view as at 03/11/2008. This version of this provision has been superseded. Help about Status

Changes to legislation:

Pension Schemes Act 1993, Section 27 is up to date with all changes known to be in force on or before 08 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

27 Identification and valuation of protected rights.E+W+S

(1)Where the rules of the scheme make such provision as is mentioned in section 10(2) or (3), they must also make provision for the identification of the protected rights.

(2)The value of such protected rights as are mentioned in section 10(2) or (3) must be calculated in a manner no less favourable than that in which the value of any other rights of the member to money purchase benefits under the scheme are calculated.

(3)Subject to subsection (2), the value of protected rights must be calculated and verified in such manner as may be prescribed.

Commencement Information

I1Ss. 1-187 in force at 7.2.1994 by S.I. 1994/86, art. 2

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