PART 2

Amendment of the National Health Service Superannuation Scheme (Scotland) Regulations 2011

Amendment of regulation M1
9
In regulation M1 (member’s right to a transfer or buy out)—
a
in paragraph (2)(a), at the end insert “which satisfies or satisfy the requirements set out in regulation 12(2) of the Occupational Pension Schemes (Transfer Values) Regulations 1996 ”;
b
in paragraph (2)(b), omit “that satisfies the requirements of Chapter IV of Part IV of the 1993 Act”; and
c
after paragraph (2), insert—
2A
Any use of the cash equivalent of a member’s rights under paragraph (2) must satisfy the requirements of Chapter 1 (transfer rights: general) of Part 4ZA of the 1993 Act.
.
S.I. 1996/1847; regulation 12(2) was amended by S.I. 1997/786, S.I. 2006/744 and S.I. 2008/1050.
Reg. 9 in force at 13.3.2017, see reg. 1(1)