PART 11Transfers

CHAPTER 2Transfers out

Request for transfer payment to be made182

1

A deferred member of this scheme who is provided with a statement of entitlement may request a transfer payment to be made in respect of the member's accrued rights to benefits under this scheme.

2

The request for the transfer payment must—

a

be made by written notice to the scheme manager;

b

specify the pension scheme or other pension arrangement to which the transfer payment is to be made; and

c

meet any other conditions the scheme manager requires.

3

The member by written notice to the scheme manager may withdraw the request at any time before the transfer payment is made.

4

The member may not withdraw the request if an agreement for the use of the whole or part of the transfer payment has already been entered into with a third party.