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SCHEDULE 3Transitional provisions

PART 7Provision in relation to existing scheme

Election to opt out of existing scheme continues to have effect

45.  A person (P) is taken to have opted out of this scheme in relation to an eligible employment if, on the scheme closing date—

(a)P is not a protected member of the existing scheme; and

(b)an election to opt out of the existing scheme in relation to that employment has effect.