This section inserts a new Part IVA into the Pension Schemes Act 1993.
	Chapter I requires rights in an occupational pension scheme derived (directly or indirectly) from a pension credit to be treated in a way broadly similar to the way in which the rights of a deferred members are required to be treated under Chapter I of Part IV of the Act.
	Chapter II gives members of funded occupational and personal pension schemes with rights derived from a pension credit the right to transfer those rights to another pension scheme or arrangement.
Commentary Pension debits Section 37: Requirements relating to pension credit benefit