Regulation 48 Amendment of regulation Q5I1

After paragraph (2A) of regulation Q5 (paying for unreduced lump sum by single payment) insert—

“(2B)

A member who has a nominated partner who wishes to pay for an unreduced lump sum by a single payment must elect to do so within 12 months after applying for the member’s nominated partner to receive a dependent surviving nominated partner’s pension under regulation G15.”.