At any time before the AVC member’s normal minimum pension age, an AVC member may make, or arrange to be made, a payment representing the cash equivalent of the AVC member’s accrued rights in any other registered scheme or a qualifying recognised overseas pension scheme to be invested in the scheme.

A payment under paragraph (1) from a registered scheme may be accepted by the scheme manager only if the administrator of the registered scheme certifies that the payment is a recognised transfer as defined in section 169 of the 2004 Act9.