The Health and Personal Social Services (Superannuation Scheme, Injury Benefits and Additional Voluntary Contributions), Health and Social Care (Pension Scheme) (Amendment) Regulations (Northern Ireland) 2012

Amendment of regulation 10

32.—(1) Regulation 10 (Outward transfers) of the Health and Personal Social Services (Superannuation) (Additional Voluntary Contributions) Regulations (Northern Ireland) 1999(1), is amended as provided by paragraphs (2) to (4).

(2) For paragraph (1) substitute—

“(1) Subject to—

(a) paragraphs (4) to (7); and

(b) the cancellation, pursuant to regulation 5(1) or (2), of any election made under regulation 3(1),

the Department shall, as soon as reasonably practicable after having received a notice in writing from an eligible person requesting a transfer of the value of that persons investments made in relation to that person under regulation 7(1), 8(2) or, as the case may be 9(4), pay a transfer value representing the value of all such investments at that person’s option to any other registered pension scheme in which the person may be participating.”.

(3) Paragraph (3) is omitted.

(4) In paragraph 8(b)(i), for “60 years” substitute “75 years”.

(1)

S.R. 1999 No.294, regulation 10 was substituted by S.R. 2005 No.154 regulation 6. In paragraph (10, sub-paragraph (a) was substituted by S.R. 2006 No.410 regulation 25(2) and paragraph (3) was substituted by S.R. 2006 No.410 regulation 25(4)