Paragraph 11

In rule B8 (commutation – small pensions)^f1–

(a)

in paragraph (1), for the words from “does not exceed” to the end, substitute “does not exceed the commutation limit for the purposes of Part 1 of Schedule 29 to the Finance Act 2004^f2 (lump sum rule), the fire and rescue authority may commute the pension for a lump sum”; and

(b)

in paragraph (2) for “gratuity”, substitute “lump sum”.

Annotations

Footnotes

f1: Rule B8 was relevantly amended by article 5 of and paragraph 5 of Schedule 2 to S.S.I. 2001/310.
f2: As to “the lump sum rule”, see section 166 of the Finance Act 2004. As to the commutation limit, see paragraph 7(4) of Part 1 of Schedule 29 to that Act.