Regulation 11 Commutation: small pensions

for paragraph (1) substitute–

“(1)

A lump sum which is a trivial commutation lump sum within the meaning of section 166 of the Finance Act 2004 or a trivial commutation lump sum death benefit within the meaning of section 168 of that Act may be paid in accordance with the rules relating to the payment of such benefits under that Act.”; and

omit paragraph (3).