Regulation 3 Amendment of Part 2 of the 1996 Regulations

Part 2 (restrictions on right to cash equivalent) of the 1996 Regulations is amended as follows.

In regulation 2 (pre-1986 leavers)^f1, for “Chapter IV of Part IV” substitute “Chapter 1 of Part 4ZA”.

Omit regulations 3 (rules on continuation in employment after termination of pensionable service), 4 (right to further cash equivalent on termination of employment to which the scheme applies) and 5 (treatment of a number of employments as a single employment).