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Regulation 8 Transitional provision

Original text. Later amendments are not shown.

The FAS Regulations and section 18 of the Pensions Act 2007 shall continue to have effect as if these Regulations had not come into force where—

(a)

a beneficiary has, before the date on which these Regulations come into force, received a monthly instalment of an annual payment or an initial payment;

(b)

the date from which the beneficiary would be entitled to an annual payment or an initial payment would not change under these Regulations; and

(c)

the beneficiary would be entitled to a higher annual payment or higher initial payment if these Regulations had not come into force.