# The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009, Regulation 29: Amendment of paragraph 10 of Schedule 2


In paragraph 10 of Schedule 2 (initial payments)—
(a) in sub-paragraph (a)—
(i) after “survivor”, in both places it occurs, insert “or surviving dependant”;
(ii) in the substituted paragraph 2(2)(a)(ii) after “commutation” insert “, after the day on which the qualifying pension scheme began to be wound up,”; and
(iii) in the substituted paragraph 2(2)(b) after “commutation of benefits” insert “after the day on which the scheme began to be wound up”; and
(b) in sub-paragraph (e), for paragraph (ii) substitute—
“(ii) for sub-paragraph (4) substitute—
“(4) In sub-paragraph (3), “expected pension” shall, subject to sub-paragraph (5), be the sum of—
(a) the amount determined—
(i) where the qualifying member was entitled to a present payment of a pension under the scheme rules on the day before the day on which the qualifying pension scheme began to be wound up, in accordance with paragraph 3(3); or
(ii) where the qualifying member was an active member or a deferred member of a qualifying pension scheme on the day before the day on which the qualifying pension scheme began to be wound up, in accordance with paragraph 4(3); and
(b) the product of the aggregate of any annual increases determined in accordance with paragraph 9 to which the qualifying member was entitled on the day before the day on which the qualifying member died divided by 0.9.”.”.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111480595/regulation/29 (the official version)
Page: https://openlegislation.uk/draft-financial-assistance-scheme-miscellaneous-provisions-regulations-2009/regulation-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.