Pensions (Amendment) Act, 1996

Amendment of section 32 of Principal Act.

10.—Section 32 of the Principal Act is hereby amended by the insertion of the following subsection:

“(2) A member of a scheme, who would be entitled to preserved benefit under the scheme in accordance with the provisions of this Part if his service in relevant employment were to terminate, shall not be entitled to receive a refund of any contributions paid to that scheme after the 1st day of January, 1991.”.