Regulation 4 Election to retain preserved benefits
This regulation applies to a person who, but for regulation 2 above, would become entitled to preserved benefits on ceasing to hold his employment under the former employer.
A person to whom this regulation applies may elect to be treated for the purposes of the principal Regulations as if—
regulation 2 above did not apply to him and he had accordingly become entitled to preserved benefits, and
he had elected under regulation E2(9)(c) of the principal Regulations to remain so entitled.
An election under this regulation must be made by giving notice in writing to the appropriate administering authority, within 3 months after the person commences employment under the new employer or within 3 months after 1st April 1990, whichever is the later, unless the appropriate administering authority or, where there is a change of fund, the administering authorities of both funds, allow a longer period.