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76(1)A transferable sum of less than amount A is to be increased to amount A.
(2)Amount A, in relation to an individual, means the total of—
(a)the individual’s scheme member contributions,
(b)any transfer-in sums paid into the Pension Fund in relation to the individual, and
(c)any instalments or lump sums paid by the individual to buy added years.
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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