{
  "url": "https://openlegislation.uk/parliamentary-pensions-amendment-pension-sharing-regulations-2001/schedule-1/paragraph-7",
  "json_url": "https://openlegislation.uk/parliamentary-pensions-amendment-pension-sharing-regulations-2001/schedule-1/paragraph-7.json",
  "legislation": "uksi/2001/2649",
  "legislation_title": "The Parliamentary Pensions (Amendment) (Pension Sharing) Regulations 2001",
  "legislation_url": "https://openlegislation.uk/parliamentary-pensions-amendment-pension-sharing-regulations-2001",
  "path": "schedule/1/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "In regulation G1 there shall be added after paragraph (6):\n“(7) Paragraph (5) shall not apply where regulation F2(6) or F4(7) applies to a pension. In such case the maximum commutable sum shall not exceed the greater of:\n(a) 2.25 × the initial annual pension payable under regulation F2 or F4 as the case may be, or\n(b) an amount determined under regulation G1(5) as if there had been no pension debit, less 2.25 × the negative deferred pension.\n(8) Where Regulation F2(6) or F4(7) applies to a pension, “pension” in this regulation shall mean the reduced pension in accordance with section 31 of the Welfare Act 1999.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/2649/schedule/1/paragraph/7",
    "retrieved_at": "2026-10-29T07:33:51.561265+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}