Amendment of the Transfer Values (Disapplication) Regulations12

1

The Transfer Values (Disapplication) Regulations (Northern Ireland) 201030 are amended in accordance with paragraphs (2) and (3).

2

In regulation 1(2) (interpretation) in the definition of “the transfer value provisions” for “Chapter IV of Part IV (protection for early leavers)” substitute “Chapter 1 of Part 4ZA (transfers and contribution refunds)”.

3

In regulation 2(2) (disapplication of the transfer value provisions)—

a

in sub-paragraph (a) for “section 90(1)” substitute “section 90(2)”;

b

in sub-paragraph (b) for “pension credit benefit” substitute “pension credit rights”.