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Regulation 13 Death in service

Original text. Later amendments are not shown.

(1)

Where an AVC member is an active member at the date of their death, any lump sum payable under the AVC scheme must be paid to the person (if any) nominated by that AVC member for the purposes of this paragraph by notice in writing to the scheme manager.

(2)

If no such nomination is made, the scheme manager must pay the lump sum to the personal representatives of the AVC member.