F1Schedule 3Remediable Service

Part 7Transfers

Chapter 5Treatment of transferred in remediable rights

Benefits already paid in relation to transferred in remediable rights

56.

(1)

Sub-paragraph (2) applies in relation to any benefits (“the paid benefits”) that the reformed scheme has at any time paid to a person (“P”) so far as—

(a)

they are calculated by reference to a remediable value, and

(b)

they are benefits that, as a result of paragraphs 53(2)(a) or 54(2)(a), P was not entitled to receive from the reformed scheme.

(2)

The paid benefits are to be treated for all purposes—

(a)

as not having been paid to P by the reformed scheme, but

(b)

as having been paid to P instead by this Scheme.