54Transitional protection allowanceU.K.
(1)Subsection (2) applies where—
(a)a person (“P”) has remediable service in a judicial office,
(b)P’s employer (“the employer”) has paid P a transitional protection allowance, and
(c)a legacy scheme election is made in respect of P.
(2)The appropriate person must pay to the employer an amount equal to—
(a)the amount of the transitional protection allowance, less
(b)an amount in respect of the income tax suffered by P that is attributable to the transitional protection allowance.
(3)In subsection (2) “the appropriate person” means—
(a)P, or
(b)if P is deceased, P’s personal representatives.
(4)In this section “transitional protection allowance” means an amount paid to a person, pursuant to an agreement between the person and the person’s employer, that the person should not accrue pensionable service under any judicial scheme after 31 March 2015.
(5)A reference in this section to a person’s employer is to the person’s employer for the purposes of any judicial scheme of which the person is a member.
Modifications etc. (not altering text)
C1Ss. 40-66 excluded (5.7.2023) by The Judicial Pensions (Remediable Service etc.) Regulations 2023 (S.I. 2023/766), regs. 1(b), 9(2)
Commencement Information
I1S. 54 in force at Royal Assent for specified purposes, see s. 131(1)
I2S. 54 in force at 4.7.2023 in so far as not already in force by S.I. 2023/746, reg. 2(a)