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Regulation 15 Lump sum compensation and annual compensation

Original text. Later amendments are not shown.

Regulation 6 of the 1982 Regulations shall be amended—

(a)

in paragraph (2), by inserting after the words “beneficiary is entitled” the words “(or, as mentioned in paragraph (4), would be entitled)”, and by inserting after the words “be increased” in sub-paragraph (a) the words “on the relevant assumptions”;

(b)

in paragraph (3)(a), by inserting after the words “be increased” the words “on the relevant assumptions”;

(c)

in paragraph (3B), by inserting after sub-paragraph (c)—

“(d)

“reckonable service” has the same meaning as in the Superannuation Regulations, and

(e)

as respects an occupational pension which is a pension under a personal pension scheme in relation to which the Secretary of State has paid contributions under section 1 of the Social Security Act 1986 or is a pension derived from the payment of a transfer value calculated by reference to rights arising with respect to such a pension, the reference to “any period in respect of which he is entitled to the occupational pension” shall be construed as a reference to the period of employment by reference to which the Secretary of State has paid the contributions and (without prejudice to the generality of that expression in other cases) any period of employment in relation to which a transfer value has been paid into the personal pension scheme.”;

(d)

in paragraph (3C), by omitting the words “within the meaning of regulation E1 of the Superannuation Regulations”; and

(e)

in paragraph (4), by substituting for the words from “paragraphs” to “those regulations” the words “paragraphs (1)(b)(iii) and (4)(a) of regulation E2 of those regulations, or (except in relation to paragraph (3A)(c) above) to which but for a relevant disqualification he would be so entitled on the relevant assumptions and on the further assumption that, if the employing authority might have certified under regulation E2(4)(a) of those regulations, it had done so”.