141.—(1) An application under regulation 140—
(a)must be in writing;
(b)must specify the scheme or arrangement from which the transfer value payment is to be made and the anticipated amount of the payment;
(c)must be made before—
(i)the end of the period of one year starting on the day the member (M) becomes eligible to be an active member of this scheme, and
(ii)M attains normal pension age;
(d)if the scheme manager so requires, may be made only if M has requested a statement of entitlement; and
(e)must meet such other conditions as the scheme manager requires.
(2) If the transfer is not a club transfer, a statement of entitlement—
(a)is a statement of the increase to pensionable earnings and the service M will be entitled to count as a result of the transfer if the payment is accepted;
(b)must specify—
(i)the period within which the payment is to be accepted by the scheme manager, and
(ii)the amount of increase to pensionable earnings calculated in accordance with guidance and tables provided by the scheme actuary for the purpose.
(3) If the transfer is a club transfer, a statement of entitlement—
(a)is a statement of the club transfer earned pension; and
(b)must specify—
(i)the period within which the transfer is to be accepted by the scheme manager; and
(ii)the basis on which the club transfer earned pension will be revalued while M is in pensionable service under this scheme.