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Paragraph 13 Member’s election to make a lump sum payment for added pensionI1

United Kingdom

(1)

The notice of election must specify the amount of lump sum which must not be less than any minimum amount determined by the scheme manager.

(2)

If the lump sum is not paid within three months after the date on which the notice of election was given, then the notice of election is void.

Annotations

Commencement

I1

Sch. 1 para. 13 in force at 1.4.2015, see reg. 1(2)