PART 10Transfers

CHAPTER 3Club transfers

SECTION 2Transfers out

Application for payment of a club transfer value210

1

A person (P) who is provided with a club transfer statement of entitlement may apply for a club transfer value to be paid to another public service pension scheme (“the receiving scheme”).

2

The application must—

a

be made within 12 months after the day on which P becomes subject to the receiving scheme;

b

be by notice to the scheme manager;

c

specify the pension scheme to which the club transfer value is to be paid; and

d

meet any other conditions the scheme manager requires.