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Regulation 24 Certificates as to reduction in remuneration

Original text. Later amendments are not shown.

In regulation E24 of the principal Regulations–

(a)

in paragraph (1) the words “other than a person who is a pensionable employee by virtue of an election under regulation B3” shall be deleted and, for the words “the remuneration of an employment which he continues to hold”, there shall be substituted the word “remuneration”;

(b)

after paragraph (1) there shall be inserted the following paragraph:–

“(1A)

For the purposes of paragraph (1), a person suffers a reduction in remuneration if–

(a)

the remuneration of an employment which he continues to hold is reduced, or

(b)

he is transferred to another employment under the same scheduled body at a reduced remuneration.”.