(1) A person listed in
subregulation (2) may apply to become a Retirement Income Member if he or
she is entitled to —
(a)
immediate payment of a lump sum benefit from another scheme or another
superannuation fund; or
[(b) deleted]
(ba) an
amount of a transfer benefit available for transfer under regulation 44B;
or
(c)
payment of a phased retirement benefit.
(2) A person may apply
under subregulation (1) if he or she is —
(a) a
Member; or
(b) a
Pension Scheme Member or a Provident Scheme Member; or
(c) in
receipt of, or entitled to receive, a pension under the Pension Scheme; or
(d) a
former member; or
(e) a
partner or former partner of a person mentioned in paragraphs (a) to (d).
[(3) deleted]
(4) The Board is to
accept an application under this regulation unless the Board considers that
the applicant, if accepted as a Retirement Income Member, will not comply with
regulation 175.
[Regulation 172 inserted: Gazette
19 Mar 2003 p. 818-19; amended: Gazette 1 Dec 2004
p. 5714; 26 May 2006 p. 1919‑20;
13 Apr 2007 p. 1583; 6 Jun 2007 p. 2625;
10 Jan 2017 p. 153.]