Regulation 7 Alternatives to short service benefit
For the purposes of F1section 73(2) of the Act, a scheme may, instead of providing short service benefit, provide any of the alternatives to short service benefit described in regulations 8 to 10 below.
The alternatives described in regulations 8 to 10 may be provided by way of complete or partial substitute for short service benefit, but (except in the cases specifically referred to) only with the member’s consent.
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Annotations
Textual amendments
- F1
Words in reg. 7(1) substituted (12.5.1994) by The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994 (S.I. 1994/1062), reg. 1(2), Sch. 2 para. 30(8)
- F2
Reg. 7(3) omitted (6.4.97) by virtue of S.I. 1996/2131, reg. 1, 2(4)
- F3
Reg. 7(4) omitted (6.4.97) by virtue of S.I. 1996/2131, reg. 1, 2(4)