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Transfers in respect of more than one member
N4.—(1) With the consent of each member and after consulting the Government Actuary, the Secretary of State may accept a single transfer payment from another occupational pension scheme, in respect of two or more members.
(2) Where the Secretary of State accepts a single transfer payment in respect of two or more members, each such member shall be credited with an additional period of pensionable service calculated by the Secretary of State on the advice of the Government Actuary.
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