{
  "url": "https://openlegislation.uk/draft-age-related-payments-regulations-2013-ukdsi-2013-9780111100752/regulation-2",
  "json_url": "https://openlegislation.uk/draft-age-related-payments-regulations-2013-ukdsi-2013-9780111100752/regulation-2.json",
  "legislation": "ukdsi/2013/9780111100752",
  "legislation_title": "The Age-Related Payments Regulations 2013",
  "legislation_url": "https://openlegislation.uk/draft-age-related-payments-regulations-2013-ukdsi-2013-9780111100752",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Entitlement: payments to qualifying Equitable Life annuitants",
  "text": "(1) A qualifying Equitable Life annuitant (“A”) is entitled to a payment of £5000 in respect of each relevant with-profits annuity policy under which A is eligible to receive an annuity payment.\n(2) If A is entitled to a payment of £5000 in respect of an individual with-profits annuity policy, and A dies before a payment under paragraph (1) is made, the payment is, subject to paragraph (4), to be made to A’s personal representative.\n(3) If A is entitled to a payment of £5000 in respect of a joint with-profits annuity policy, and A dies before a payment under paragraph (1) is made—\n(a) A’s entitlement to a payment under this regulation ceases unless all the other persons eligible to receive a financial benefit under the contract died before A;\n(b) the payment is, subject to paragraph (4), to be made to A’s personal representative if all the other persons eligible to receive a financial benefit under the contract have died.\n(4) A payment is only to be made to A’s personal representative if the personal representative makes an application for the payment under regulation 4 (procedure).\n(5) If A is resident in a state outside the United Kingdom, payment may be made in the currency of that state at the spot rate of exchange for the day on which the payment is made.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2013/9780111100752/regulation/2",
    "retrieved_at": "2026-10-30T15:15:22.919642+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}