43. In regulation 3.F.5 (ways in which transfer value payments may be applied)—
(a)in paragraph (1), for “A member” substitute “If Chapter 4 of Part 4 of the 1993 Act applies to a member, that member”; and
(b)for paragraph (2), substitute—
“(2) In any other case, a member may only require the Scottish Ministers to apply the guaranteed equivalent transfer value payment in one or more of the ways permitted under section 101AE of the 1993 Act.”.