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134.—(1) This regulation applies in relation to an active or deferred member of this scheme (P) who requires a transfer value payment to be made in respect of P’s accrued rights to benefits under this scheme.
(2) Before requesting the transfer value payment, P must apply for a statement of entitlement by notice to the scheme manager.
(3) P may withdraw the application by notice to the scheme manager at any time before the statement is provided.
(4) P may make a second application by notice to the scheme manager in the period of 12 months beginning with the date of the first application(1).
Regulation 6(3) of S.R. 1996 No. 619 provides that a member may not make a second application within this period unless the rules of the scheme provide otherwise.
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