PART 2AMENDMENT OF THE HEALTH AND SOCIAL CARE (PENSION SCHEME) REGULATIONS (NORTHERN IRELAND) 2008
Amendment of regulation 22771
1
Regulation 227 (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”.