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Paragraph 22

Original text. Later amendments are not shown.

In paragraph 4(3)–

(a)

before the number “31” insert “26 or”,

(b)

for “sub-paragraph (1)” substitute “sub-paragraph (1A)”,

(c)

for “under that sub-paragraph” substitute “under sub-paragraph (1)”,

(d)

delete “(taking into account any reduction for retained benefits)”, and

(e)

at the end add–

  • “This amount may be increased by 5 per cent. for each complete year, or in line with any increase in the retail prices index if greater, between the relevant date and the date on which the pension becomes payable.”.