Paragraph 7 “Pensionable remuneration”: retirement grants for Class B membersF1I1
Northern Ireland
For the purpose of calculating the retirement grant of a Class B member, his pensionable remuneration shall not exceed £100,000 (or such other sum as may for the time being be specified by the Treasury for the purposes of section 590(3) of the Income and Corporation Taxes Act 1988 as that section continues to have effect as respects Class B members by virtue of paragraph 18(2) of Schedule 6 to the Finance Act 1989f1).
Annotations
Textual amendments
- F1
Regulations revoked (1.4.2015) by The Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/189), regs. 1(1), 2, Sch. 2 (with savings and transitional provisions in reg. 3, Sch. 5)
Commencement
- I1
Sch. C4 para. 7 in operation at 1.8.2000, see reg. A1(1)
Footnotes
- f1