OpenLegislation

Regulation 9

Original text. Later amendments are not shown.

For regulation 5(3) there shall be substituted the following—

“(3)

An election made under this regulation shall, if it has not been previously revoked, cease to have effect when the office-holder has made additional contributions for a period equal in length to the period of notional service for which contributions have not been credited.

(3A)

Where an office-holder makes additional contributions at a rate of 3% then, for every year during which he makes contributions at that rate, he shall be treated as having made additional contributions for a period of one year.

(3B)

Where an office-holder makes additional contributions at a rate higher than 3% then, for every year during which he makes contributions at that rate, he shall be treated as having made additional contributions for a correspondingly longer period of years as set out in the table below—

Additional contributionsNo. of years credit
6%2
9%3
12%4
(3C)

Where an office-holder makes additional contributions at a rate specified in paragraphs (3A) or (3B) for a part of a year, then the period of years for which he shall be treated as having made additional contributions under those paragraphs shall be reduced proportionately.”.