Benefits already paid in relation to transferred in remediable rightsE+W
This section has no associated Explanatory Memorandum
47.—(1) 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 regulation 45(2)(a), P was not entitled to receive from the 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 the legacy scheme.