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10.—(1) The Local Government Pension Scheme Regulations 2013() are modified as follows.
(2) After regulation 64(8), insert—
“(8A) Paragraph (8B) applies where the exiting employer is the GMFRA and the liabilities of the fund in respect of benefits due to the GMFRA’s current and former employees (or those of any predecessor authority) have been or are to be transferred to the GMCA by virtue of this Order.
(8B) Where this paragraph applies, no exit payment is due under paragraph (1) and paragraph (2) does not apply.”.
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