Application of this PartN.I.
This section has no associated Explanatory Memorandum
5.—(1) This part applies where a person (P)—
(a)is a member of the old scheme whether by virtue of pensionable service for that scheme; or deemed transfer scheme service under paragraph 2 of Schedule 7 to the 2014 Act (final salary link);
(b)is a member of the new scheme by virtue of pensionable service of the new scheme; and
(c)is a person to whom paragraph 1 or 2 of Schedule 7 to the 2014 Act applies, by virtue of that person’s pensionable service for the new scheme, and whose final salary falls for the purposes of the old scheme to be determined by reference to that paragraph.