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Paragraph 7

Original text. Later amendments are not shown.

Subject to paragraph 8, a person who ceases to be a pensionable employee for any other reason shall be entitled to reckon under regulation D13 as whole-time reckonable service an additional period calculated as—

XY×Z

where—

  • X is the total amount paid by way of instalments;

  • Y is the total sum payable by him under regulation C7(9); and

  • Z is the length of the period of whole-time reckonable service which the person would have been entitled to reckon under regulation D13 if payment had been completed.