Regulation 120
(1) A transferee trustee shall within thirty days after being notified of an election give written notice of the election to the transferor trustee.
(2) The transferee trustee shall complete the appropriate portions of the election form and serve the completed form on the transferor trustee.
(3) The transferor trustee shall
(a) take practicable steps to ensure that all the accrued benefits concerned are transferred in accordance with the election; and
(b) arrange for the accrued benefits concerned to be transferred to a separate account within the same registered scheme in accordance with the election within thirty days after being notified of an election.
(4) A person who opts for an election shall give to the transferor trustee, and the transferee trustee if any, the information as is requested by the trustee to enable the transfer to be made.