Pensions Act 2004

This adran has no associated Nodiadau Esboniadol

30(1)Section 179 (linked qualifying service) is amended as follows.E+W+S

(2)In subsection (1)(a)—

(a)for “the rules of a scheme” substitute “ Chapter 4 or 5 of Part 4 or under the rules of a scheme ”,

(b)for sub-paragraph (i) substitute—

(i)there was made a transfer of his rights (including any transfer credits allowed) under that scheme, or a transfer payment in respect of those rights, to, or to the trustees or managers of, another scheme applying to him in the later period of service;,

(c)for “and” at the end of sub-paragraph (ii), substitute “ or ”, and

(d)after that sub-paragraph insert—

(iii)a cash equivalent (within the meaning of Chapter 4 of Part 4) or cash transfer sum (within the meaning of Chapter 5 of that Part) was paid in respect of him to the trustees or managers of another scheme applying to him in the later period of service; and.

(3)In subsection (1)(b), after “second scheme,” insert “ or the payment to the trustees or managers of that scheme, ”.

Commencement Information