143.—(1) The scheme manager may accept an application under regulation 141 from a member (M) unless—
(a)such conditions as the scheme manager requires are not met; or
(b)paragraph (5) applies.
(2) If the transfer is a non-club transfer and the scheme manager accepts the payment, M is entitled—
(a)for the purposes of calculating benefits payable to, or in respect of, M under this scheme, to an increase in M’s pensionable earnings calculated in accordance with regulation 144; and
(b)to be credited with the relevant period of pensionable service in this scheme.
(3) If the transfer is a club transfer, M is entitled—
(a)to the amount of club transfer earned pension specified in the statement of entitlement; and
(b)to be credited with the relevant period of pensionable service in this scheme.
(4) The relevant period is equal to the period of employment that qualified M for the rights in respect of which the transfer is being made.
(5) This paragraph applies to a non-club transfer if—
(a)it would be applied in whole or in part in respect of M’s or M’s spouse’s entitlement to a guaranteed minimum pension; and
(b)it is less than the amount required for that purpose, as calculated in accordance with guidance and tables prepared by the scheme actuary for the purposes of this paragraph.