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15.—(1) After paragraph 1(a) of Section 2 of Part IV of Schedule F, insert the following sub paragraph–
“(aa)where his former superannuation arrangements werre contained in the British Transport Police Force Superannuation Fund, and the police authority are 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 regular policeman, requested the police authority 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 regular policeman 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 police authority and the administrators of the British Transport Police Force Superannuation Fund agree that the calculation shall be made in accordance with paragraph 2,
in accordance with paragraph 2, and”.
(2) After paragraph 1 of Section 2 of Part IV 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 regular policeman’s service with the British Transport Police Force and his service as a regular policeman; and
(b)any transfer where there is an interval of longer than one month between those periods of service, and the police authority concerned and the administrators of the British Transport Police Force Superannuation Fund agree that the calculation shall be made in accordance with paragraph 2.”
(3) In paragraph 2 of Section 2 of Part IV of Schedule F, after “paragraph 1(a)” insert “and (aa)”.
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