PART 7Transfers

CHAPTER 2Transfers values

SECTION 3Transfers in

Transfers from corresponding 1995 and 2008 schemes145

1

This regulation applies to an active member of this scheme (M) if—

a

M was formerly a member of a corresponding 1995 scheme or a corresponding 2008 scheme; and

b

the scheme manager considers that on the notional joining date M would be entitled to require a cash equivalent of M’s rights in that scheme to be used to acquire rights in a corresponding health service scheme if M became a member of the corresponding health service scheme.

2

M may apply to the scheme manager to convert the cash equivalent value into rights under this scheme.

3

An application under paragraph (2) must be in such form, provide such information and be made at such time as the scheme manager requires.

4

The notional joining date in relation to a relevant corresponding scheme is the date M became a member of this scheme.

5

References to a corresponding 1995 scheme and a corresponding 2008 scheme must be construed in accordance with regulation 140(6).