S.L. 318.22 Art. 9Effect of making a cash equivalent transfer payment.

(1) This regulation applies where the cash equivalent of the transferor’s transferable rights has been transferred into the EU

scheme according to official guidelines published from time to time

(2) Nothing in the Act or in any regulations made thereunder shall be construed in such a way so as to produce the following effect:

(a) the entitlement of the transferor to payment of a relevant pension based on contributions paid or credited during any periods before the day on which the transfer takes place; or

(b) the crediting of a transferor with any earnings or contributions which accrue from his transferable rights.

(3) Where the transferor returns to Malta at any time after the day on which the transfer takes place and is gainfully occupied or self-employed in terms of the Act, he shall not be entitled to credited contributions in terms of article 16(1) of the Act and any other credited contributions awarded under the said article which have been transferred out of this scheme.