Regulation 49 Amendment of regulation Q6I1

Regulation Q6 (paying for additional service or unreduced retirement lump sum by regular additional contributions) is amended as follows.

In paragraph (6) after “scheme” insert “before 1st April 2008” and for “the Inland Revenue” substitute “HM Revenue and Customs”.

After paragraph (6) insert—

“(6A)

The member’s total regular additional contributions made on or after 1st April under this regulation may not exceed—

(a)

in the case of a member paying contributions of 5 per cent of the member’s pensionable pay under regulation D1 on the member’s birthday immediately following the date of the election referred to in paragraph (3), 10 per cent of pensionable pay;

(b)

in the case of a member paying contributions of more than 5 per cent of the member’s pensionable pay under regulation D1 on the birthday referred to in (a), 9 per cent of pensionable pay, or

(c)

in any case referred to in (a) or (b) above, any other limit specified for the time being by HM Revenue and Customs.”.