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Amendment of section 32 of Principal Act.
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20.—Section 32 of the Principal Act is amended—
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(a) in subsection (1)—
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(i) by the substitution for “in accordance with the provisions of this Part” of “in accordance with section 28(2)(a)”; and
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(ii) by the substitution for “the commencement of this Part” of “1 January 1991”;
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(b) by the substitution for subsection (2) of the following subsection:
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“(2) A member of a scheme who is entitled to preserved benefit under the scheme in accordance with section 28(2)(b) shall not be entitled to receive a refund of any contributions paid to that scheme.”;
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and
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(c) the insertion of the following subsection after subsection (2):
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“(3) 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.”.
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