xmlns:atom="http://www.w3.org/2005/Atom"

PART 6Transfers

CHAPTER 4Treatment of rights secured by virtue of a remediable value

Remediable value treated as being in the legacy scheme

45.—(1) This regulation applies where—

(a)a remediable value was accepted into the reformed scheme by the scheme manager in respect of M during the period of M’s remediable service as a firefighter, and

(b)the benefits payable in relation to M’s remediable service as a firefighter are, by virtue of the operation of these Regulations or PSPJOA 2022, legacy scheme benefits.

(2) The remediable value—

(a)is not, and is treated as never having been, accepted into the reformed scheme, and

(b)is treated as being, and as always having been, accepted in M’s legacy scheme.

(3) Paragraph (1) has effect—

(a)for the purposes of determining which firefighters’ pension scheme is (or at any time was) required to pay benefits to or in respect of the remediable value, and

(b)subject to regulation 46, for all other purposes.