Paragraph 5

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)

As soon as an employing authority receive a notice under paragraph 1 they shall forward it to the appropriate administering authority.

(2)

The appropriate administering authority shall give effect to a notice under paragraph 1 as soon as reasonably practicable, and in any event—

(a)

in the case of a notice under paragraph 1(1), so that the member may begin to pay his contributions under paragraph 4 before the expiry of the period of six months beginning with the date on which he gives notice, and

(b)

in the case of a notice under paragraph 1(2), so that the member may pay his contributions at the varied amount or in the varied proportions, or, as the case may be, cease to pay his contributions, before the expiry of the period of three months beginning with that date.