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Regulation 7 Transitional provisions

Original text. Later amendments are not shown.

(1)

This regulation applies to a transferred NRA employee who–

(a)

has made contributions to a scheme for the 1988/89 period at a rate which is less than that at which they would have been payable under regulation C2 of the principal Regulations for that period if he had not joined a scheme; and

(b)

ceased to be a pensionable employee before he received a notification under regulation 6(3).

(2)

A transferred NRA employee to whom this regulation applies shall be deemed to have given a notice of election under regulation 6(4) and paid the shortfall in full, and regulation 6(8) shall apply accordingly.