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20.—(1) Member contributions made by the member are only refundable if—
(a)regulation 13 (opting out before the end of one month) applies; or
(b)the member ceases to be in pensionable service under this scheme and—
(i)the member has less than two years’ qualifying service; and
(ii)the member has not reached normal pension age under this scheme.
(2) If all member contributions made by the member are refunded under this regulation, the member’s rights under this scheme are extinguished.
(3) For the purposes of this regulation a refund of contributions may be made (at the election of the member)—
(a)by payment to the member; or
(b)by payment to a registered pension scheme.
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