429. Transfer, commutation, entitlement to benefit, etc.

The provisions discussed in this paragraph have been repealed but continue to have effect in limited circumstances1.

Regulations1 may prohibit or restrict:

  1.  

    (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.  

    (2)     the discharge of any liability to provide pensions under a relevant scheme; or