Regulation 5 Implementation of pension credits
Where the transferee dies after the making of the pension sharing order but before attaining the age of 65, a lump sum of an amount equal to two and one-quarter times the annual rate of the pension calculated in accordance with regulation 4(3) may be paid—
(a)
to the person (if any) nominated by the transferee for the purposes of this regulation by notice in writing to the administrators of the scheme constituted by Part I of the 1993 Act; or
(b)
in default of such nomination, to his personal representatives.