PART 3Modification of early leaver and other provisions
Transfer Values10.
(1)
Chapter 4 of Part 4 of the 1993 Act 1993 (protection for early leavers: transfer values) is modified as follows.
(2)
In the application of that Chapter to P as a member of the old scheme, in—
(a)
section 89(1)(a)14 (scope of chapter 4),
(b)
section 93(3)(a) (calculation of cash equivalents), and
(c)
section 94(1A) and (3)15 (variation and loss of rights under section 90),
a reference to termination of P’s pensionable service is to be taken as a reference to termination of P’s pensionable service in relation to the new scheme.