Regulation 25 Surrender to spouse

If under his last relevant pension scheme a person would have been entitled to surrender a proportion of any pension which might have become payable to him in favor of his spouse or any dependant, then, if he so desires and informs the Corporation by notice in writing accordingly within one month after becoming entitled to retirement compensation under these regulations, he may surrender a proportion of as much of the said compensation as is payable by way of an annual sum on the like terms and conditions and in consideration of the like payments by the Corporation as if the said annual sum were a pension to which he had become entitled under the said pension scheme.