The provisions discussed in this paragraph have been repealed but continue to have effect in limited circumstances1.
Regulations1 may prohibit or restrict:
(1) the transfer of any liability for the payment of pensions under a relevant scheme2, or in respect of accrued rights3 to such pensions;
(2) the discharge of any liability to provide pensions under a relevant scheme; or
(3) the payment of a lump sum instead of a pension payable under a relevant scheme,
except in prescribed circumstances4 or
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