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Regulation 24 Other adjustments

Original text. Later amendments are not shown.

If retirement compensation is payable in respect of the loss or diminution of rights to a pension which under the last relevant pension scheme would have been increased or supplemented in specified circumstances, or might at the discretion of the body administering the scheme have been increased or supplemented to a specified extent, the Corporation shall in those circumstances, or may at their discretion, as appropriate, increase or supplement to a proportionate extent the corresponding component of retirement compensation, and in the exercise of this discretion the Corporation shall have regard to the terms of any relevant resolution of the body administering the pension scheme with regard to the increase of benefits.