PART 10Transfers
CHAPTER 2Transfers on a cash equivalent basis
SECTION 2Transfers out
Application for payment of a transfer value202
1
A person who is provided with a statement of entitlement may apply for a transfer value to be paid to the receiving scheme.
2
The application must—
a
be made within 12 months after the day on which P becomes subject to the receiving scheme
b
be by notice to the Department;
c
specify the pension scheme or other pension arrangement to which the transfer value is to be paid; and;
d
meet any other conditions the Department requires.