The Police Pensions Regulations 1987

Funds out of which and into which payments are to be made

L2.—(1) All payments for the purposes of these Regulations made by or to a police authority (including the Secretary of State as police authority for the metropolitan police district) shall be paid out of or into the police fund except in so far as is otherwise provided by the following paragraphs.

(2) There shall be paid out of moneys provided by Parliament—

(a) any award to or in respect of a person who last served as commissioner of police of the metropolis, and

(b) any transfer value payable in respect of such a person.

(3) There shall be paid into the Consolidated Fund—

(a) any transfer value received in respect of a person who has become commissioner of police of the metropolis, and

(b) the pension contributions (including additional and further contributions) paid by the said commissioner,

and, on a member of the metropolitan police force becoming commissioner of police of the metropolis, a payment shall be made out of the metropolitan police fund into the Consolidated Fund of an amount equal to the transfer value which would have been payable had the member in question instead transferred to another police force.

(4) There shall be paid out of moneys provided by Parliament or, as the case may be, into the Consolidated Fund all payments for the purposes of these Regulations made by or to the Secretary of State by reason that he is treated as the police authority in relation to—

(a) an overseas policeman;

(b) an inspector or assistant inspector of constabulary;

(c) a central police officer.

(5) Paragraph (1) shall not extend to Scotland.