23 Identification and valuation of protected rights.N.I.
(1)Where the rules of the scheme make such provision as is mentioned in section 6(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 6(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.