PART 6Transfers
CHAPTER 5Treatment of rights secured by virtue of a remediable value
Transferred in remediable rights treated as being in the legacy scheme I157
1
Where M’s transferred in remediable rights would, apart from this regulation, be rights to benefits under the reformed scheme, the rights—
a
are not, and are treated as never having been, rights under the reformed scheme, and
b
are treated as being, and as always having been, rights under M’s legacy scheme.
2
Paragraph (1) has effect—
a
for the purposes of determining which teachers’ pension scheme is (or at any time was) required to pay benefits to or in respect of M’s transferred remediable rights, and
b
subject to regulation 58, for all other purposes.