Version Superseded: 06/04/2012
Point in time view as at 06/12/2005. This version of this provision has been superseded.
Pension Schemes (Northern Ireland) Act 1993, Section 23 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Where the rules of the scheme make such provision as is mentioned in section 6(2) or (3), they must also make provision for the identification of the protected rights.
(2)The value of such protected rights as are mentioned in section 6(2) or (3) must be calculated in a manner no less favourable than that in which the value of any other rights of the member to money purchase benefits under the scheme are calculated.
(3)Subject to subsection (2), the value of protected rights must be calculated and verified in such manner as may be prescribed.
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