PART 3Modification of early leaver and other provisions
Transfer valuesI110
1
Chapter 4 of Part 4 of the 1993 Act 1993 (protection for early leavers: transfer values) is modified as follows.
2
In the application of that Chapter to P as a member of the old scheme, in—
a
section 89(1)(a)12 (scope of Chapter 4),
b
section 93(3)(a) (calculation of cash equivalents), and
c
section 94(1A) and (3)13 (variation and loss of rights under section 90),
a reference to termination of P’s pensionable service is to be taken as a reference to termination of P’s pensionable service in relation to the new scheme.