Paragraph 8 RoundingF1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 2A para. 7(1)(b) words inserted by Pension Schemes Act 2026 s. 111(7)
Sch. 2A para. 9(2) words inserted by Pension Schemes Act 2026 s. 111(9)(a)
Sch. 2A para. 9(2) words inserted by Pension Schemes Act 2026 s. 111(9)(b)
Sch. 2A para. 9(2) words inserted by Pension Schemes Act 2026 s. 111(9)(c)
Sch. 2A para. 9(2) word omitted by Pension Schemes Act 2026 s. 111(9)(d)(i)
Sch. 2A para. 9(2) words inserted by Pension Schemes Act 2026 s. 111(9)(d)(ii)
Sch. 2A para. 9(2A)-(2D) inserted by Pension Schemes Act 2026 s. 111(10)
Sch. 2A para. 9(3) words inserted by Pension Schemes Act 2026 s. 111(11)(a)
Sch. 2A para. 9(3) words substituted by Pension Schemes Act 2026 s. 111(11)(b)

Where the amount of an ill health payment or interim ill health payment determined in accordance with this Schedule results in a fraction of a penny, that fraction shall be treated as a penny.

Annotations

Textual amendments

F1: Sch. 2A inserted (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 15