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Pensions Act 2004

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Pensions Act 2004, Paragraph 30 is up to date with all changes known to be in force on or before 05 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

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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, ”.

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