49 Creation of state scheme pension debits and credits[: transferor in old state pension system or pension sharing activated before 6 April 2016]
Welfare Reform and Pensions Act 1999 (1999 c 30) | Legislation

49  Creation of state scheme pension debits and credits[: transferor in old state pension system or pension sharing activated before 6 April 2016]

[(A1)     This section applies if—

(a)     the transferor is in the old state pension system, or

(b)     the transferor is in the new state pension system but the transfer day was before 6 April 2016.

(1)     Where this section applies because of a relevant order or provision—

(a)     the transferor is subject, for the purposes of the relevant state pension legislation, to a debit of the appropriate amount, and

(b)     the transferee is entitled, for the purposes of the relevant state pension legislation, to a credit of that amount.]

(2)     Where the

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