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40.—(1) Regulation 100 (Right to apply for acceptance of transfer value payment from another scheme) is amended as provided by paragraphs (2) to (5).
(2) In paragraph (2)(a), after “scheme” insert “other than a corresponding health service scheme”.
(3) For paragraph (2)(d) substitute—
“(d)a corresponding 1995 scheme, and
(e)a corresponding 2008 scheme.”.
(4) After paragraph (2) insert—
(2A) A member who makes an application for a transfer value to be accepted by the Department in respect of his rights under a corresponding 2008 scheme may not also make an application for a transfer value to be accepted in respect of his rights under a corresponding 1995 scheme.”;
(5) In paragraph (4)(a)(ii), for “purposes of that Act” substitute “purposes of the Finance Act 2004”.
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