(1) This Part does not apply in relation to an employee if, but for the refund to him of an amount from a Public Service Superannuation Fund, a transfer value referred to in paragraph (b), or a prescribed pension referred to in paragraph (d), of subsection (1) of section 119H would have become payable to or in respect of him or deferred benefits referred to in paragraph (f) of that subsection would have become applicable in respect of him.
(2) Where the application of this Part in relation to an employee is not excluded by reason of subsection (1) of this section but section 119H applies in relation to him, subsections (5) and (6) of section 109 and section 110 do not apply in relation to him.