F1PART 4Transfers

CHAPTER 2Transfers on a club basis

SECTION 3Transfers in

Receipt under this Section33E.

(1)

A club transfer value may be accepted under this Section in respect of a person (P) if P satisfies the conditions in either paragraph (2) or (3).

(2)

P—

(a)

enters pensionable employment,

(b)

makes a written application to the Secretary of State within 12 months from the date on which P enters pensionable employment,

(c)

makes the application before P attains the age of 75, and

(d)

before P ceased to be subject to the previous scheme, retirement benefits have not come into payment to P either—

(i)

under regulation 60 (retirement benefits), or

(ii)

under a provision of a statutory scheme corresponding to regulation 60.

(3)

(a)

P enters pensionable employment on or before 31st March 2015, after leaving a public service scheme for teachers established and maintained in the Channel Islands or the Isle of Man, and either—

(i)

makes a written application to the Secretary of State on or before the day on which P reaches the normal pension age, or

(ii)

makes the application after the day on which P reaches the normal pension age, having entered pensionable employment—

(aa)

on or before the day on which P reaches the normal pension age, and

(bb)

immediately after the end of P's employment in the previous scheme service, and

(b)

P makes the application on or before 31st March 2017.