S.L. 318.22 Art. 10Incorrect amount transferred.

(1) Sub-regulation (2) applies where it subsequently transpires that the cash equivalent of the transferor’s transferable rights was greater than the transferred amount.

(2) The Director shall transfer into the EU scheme an amount equal to the sum of the following:

(a) the difference between the cash equivalent of the transferor’s transferable rights and the transferred amount; and

(b) the difference between the interest accrued under regulation 11 on the cash equivalent of the transferor’s transferable rights and the interest accrued under that regulation on the transferred amount.