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Statutory Instrument

The Superannuation (Local Government and Approved Employment) Interchange (Amendment) Rules 1970

Citation
S.I. 1970/1124
As at
Sections
4
Section 1Title and commencement

These rules may be cited as the Superannuation (Local Government and Approved Employment) Interchange (Amendment) Rules 1970, and shall come into operation on 1st September 1970.

Section 2Interpretation

(1) In these rules “ the principal rules ” means the Superannuation (Local Government and Approved Employment) Interchange Rules 1969 .

(2) The Interpretation Act 1889 shall apply for the interpretation of these rules as it applies for the interpretation of an Act of Parliament.

Section 3Amendment of principal rules

(1) In rule 7 of the principal rules, after paragraph (3) there shall be inserted the following paragraph—

(3A) The transfer value payable in respect of a person who enters approved employment in which he is a member of the superannuation scheme established by virtue of the Teachers (Superannuation) Act (Northern Ireland) 1950 shall be calculated as if the words “not being such service as is mentioned in proviso (a) to that subsection” had been omitted from the definition of “service” in paragraph 1 of schedule 1 to the transfer value regulations.

(2) Schedules 1 and 4 of the principal rules shall each be amended by adding thereto the appropriate entries set out in the schedule to these rules.

(3) In schedule 1 to the principal rules, the entries relating to the National Association for the Care and Resettlement of Offenders and the Royal London Prisoners' Aid Society shall be omitted.

Section 4Adjustment of certain references to dates

In relation to any person who becomes eligible, subject to compliance with conditions, for the application of Part II or III of the principal rules by virtue of rule 3(2) above, the principal rules shall have effect as if—

(a) any references therein to 18th August 1968 were references to 1st September 1969 and

(b) any references therein, however expressed, to 18th August 1969 were references to 1st September 1970.

4 sections

Cite this legislation

The Superannuation (Local Government and Approved Employment) Interchange (Amendment) Rules 1970 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1970-1124

Contains public sector information licensed under the Open Government Licence v3.0.

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