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Regulation 69

In regulation 46 (death grants: deferred members and pension credit members)—

(a)

omit paragraph (4); and

(b)

for paragraph (5) substitute—

“(5)

This regulation shall apply to pension credit members as it applies to deferred members, subject to paragraph (6).

(6)

Where a person entitled to a pension credit dies before the Committee awards a pension credit, the calculation of the death grant under paragraph (3), shall be modified so that the multiplier is three.”.