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Paragraph 23 Nomination under the existing scheme continues to have effect

Original text. Later amendments are not shown.

(1)

This paragraph applies if a transition member with continuity of service has not nominated a person under these Regulations to receive a lump sum death benefit under this scheme.

(2)

An existing nomination has effect as if made under these Regulations until the transition member makes a nomination under these Regulations.

(3)

In this paragraph, “existing nomination” means a nomination which—

(a)

was made for the purpose of an existing scheme; and

(b)

as at the closing date, had effect under that scheme.