3.—(1) The Royal Ulster Constabulary Pensions Regulations 1988 are amended in accordance with this regulation.
(2) In regulation F6 (previous service reckonable under current interchange arrangements) after paragraph (1A) insert the following paragraph—
“(1B) References in paragraph (1) to a transfer value include references to a transfer payment which has been received under an arrangement with the British Transport Police Force Superannuation Fund in circumstances where the conditions set out in paragraph 1(aa) of Section 2 of Part IV of Schedule F are satisfied.”.
(3) After paragraph 1(a) of Section 2 of Part III of Schedule F (pensionable service and transfer values), insert the following sub-paragraph—
“(aa)where his former superannuation arrangements were contained in the British Transport Police Force Superannuation Fund and the Northern Ireland Policing Board is satisfied that—
(i)the transfer value represents all his accrued rights to awards under those arrangements,
(ii)the transfer value is one which he has, within 12 months of his last becoming a member, requested to accept under regulation F6,
(iii)the transfer value is calculated in accordance with guidance approved by the Government Actuary , and
(iv)either—
(a)the member has not reached the age of 55 at the time of the transfer: or
(b)he has reached that age at the time of the transfer, but the Board and the administrators of the British Transport Police Force Superannuation Fund agree that the calculation shall be in accordance with paragraph 2, and”.
(4) After paragraph 1 of Section 2 of Part III of Schedule F, insert the following paragraph—
“1A. References in paragraph 1(aa) to a transfer include—
(a)any transfer where there is an interval of no longer than one month between the member’s service with the British Transport Police Force and his service as a member; and
(b)any transfer where there is an interval of longer than one month between those periods of service and the Northern Ireland Policing Board and the administrators of the British Transport Force Superannuation Fund agree that the calculation shall be in accordance with paragraph 2.”.
(5) In paragraph 2 of Section 2 of Part III of Schedule F, after the words “paragraph 1(a)” insert “and (aa)”.