73.—(1) A member who requires a transfer value payment to be made must apply in writing to the Board for a statement of the amount of the cash equivalent of the member’s accrued benefits under the Scheme at the guarantee date (“a statement of entitlement”).
(2) In this Chapter, “the guarantee date” means any date that—
(a)falls within the required period;
(b)is chosen by the Board;
(c)is specified in the statement of entitlement; and
(d)is within the period of thirty days ending with the date on which the member is provided with the statement of entitlement.
(3) In counting the period of thirty days referred to in paragraph (2)(d), Saturdays, Sundays, Christmas Day, New Year’s Day and Good Friday are excluded.
(4) In paragraph (2) “the required period” means—
(a)the period of three months beginning with the date of the member’s application for a statement of entitlement; or
(b)such longer period (not exceeding six months beginning with that date) as may reasonably be required if, for reasons beyond the control of the Board, the requisite information cannot be obtained to calculate the amount of the cash equivalent.
(5) The member may withdraw the application for a statement of entitlement by notice in writing at any time before the statement is provided.
(6) Where, in any period of twelve consecutive months, a member—
(a)has made, and not withdrawn, two applications for a statement of entitlement; and
(b)makes a third (or subsequent) application;
the Board shall not be required to entertain the application if it is not accompanied by a payment of such amount as the Board may reasonably require.