PART 4 N.I. Pension accounts

CHAPTER 3 N.I. Pension accounts: general

Closure of pension accounts on transfer out or repayment of balance of contributions N.I.

49.  All pension accounts relating to a member (P) (other than a pension credit member's account) must be closed if—

(a) a transfer payment is made respect of P's accrued rights under this scheme; or

(b) P is repaid the balance of contributions under regulation 189.