4.—(1) In regulation B5(2)(a) of the principal regulations there shall be inserted after the words “transfer value” the words “under regulation F8 or F9”.
(2) Part VI of Schedule B to the principal regulations shall be amended by inserting after paragraph 1 the following paragraph—
“1A. Paragraph 1(b) has effect subject to paragraph 7A of Part I of Schedule J.”.
(3) Part I of Schedule J to the principal regulations shall be amended by inserting before paragraph 8 the following paragraph—
7A.—(1) This paragraph applies to a member who, immediately before he became entitled to a deferred pension, was in part-time service.
(2) In calculating such a person’s hypothetical pension for the purposes of Part VI of Schedule B it is to be assumed that he would have continued in part-time service and that there would have been no change in the appropriate factor.”.