Opting out of this scheme
This section has no associated Explanatory Memorandum
27.—(1) A person (P) opts out of this scheme in relation to eligible service if P opts not to be an active member of this scheme in relation to that service;
(2) P may only exercise the option under paragraph (1) by written notice to the scheme manager in a form required by the scheme manager (“opt-out notice”).
(3) The option is taken to be exercised on the date on which the opt-out notice is received by the scheme manager.