Regulation 51 Amendment of regulation 18
(1)
Regulation 18 (uprating of old scheme practitioner earnings) is amended as follows.
(2)
Regulation 18 is renumbered “Regulation 18(1)”.
(3)
For “In relation to” substitute—
“Subject to paragraphs (2) and (3), in relation to”.
(4)
After newly-renumbered paragraph (1), insert—
“(2)Paragraph (3) applies if a practitioner transition member is purchasing additional service pursuant to regulation 22 (existing additional service and unreduced lump sum contracts) of these Regulations.
(3)Paragraph (1) does not apply for the purposes of calculating that member’s uprated pensionable earnings in relation to that purchase for the purposes of sub-paragraph (5) of paragraph 20 of Schedule 2 to the 1995 Regulations.”.