Regulation 21 Opting out of pensionable employment

in paragraph (2), by substituting for the words “paragraph (3)” the words “paragraphs (3) and (7)”;

by inserting after paragraph (6) the following:

“(7)

Where a person gives a notification under paragraph (1) within 3 months after first becoming a pensionable employee, he shall be treated as never having been a pensionable employee.

(8)

Where a person first becomes a pensionable employee after 31st March 1990 and before 28th February 1992, paragraph (7) shall have effect as if he had first become a pensionable employee on 28th February 1992.”.