Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.C4, para.16(l)(b)(ii) amended by Local Government Pension Scheme 1996 reg.20
Sch. C4 para. 23 words substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 492(2)
Sch. C4 para. 24 inserted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 492(3)

(1)

The appropriate administering authority may require, before any contributions are first made pursuant to the election that the amount of the contributions payable under regulation C24 in any tax year shall be not less than the amount specified in regulation 2(8) of the Pension Schemes (Voluntary Contributions Requirements and Voluntary and Compulsory Membership) Regulations 1987^f1.

(2)

The amount of the contributions payable in any tax year is limited in accordance with paragraph 5 of Schedule C5.

Annotations

Footnotes

f1: 1987/1108.