Regulation 15 Manner of determining the higher revaluation percentage in the case of deferred members who have not attained normal pension age at assessment dateF4

a A is the level of the F3general level of prices in Great Britain determined in such manner as the Secretary of State may from time to time decide for the month which falls two months before the month during which the deferred member—

1. (i)

   attains normal pension age in respect of the payment of the periodic compensation or, as the case may be, the lump sum compensation; or

2. (ii)

   becomes entitled to—

   1. a

      periodic compensation under paragraph 15; or

   2. b

      lump sum compensation under paragraph 19,

   of Schedule 7 to the Act calculated in accordance with paragraph 25 of Schedule 7 to the Act and regulations made under that paragraph; and

b B is the level of the general level of prices in Great Britain determined in such manner as the Secretary of State may from time to time decide for the month two months before the month during which the assessment date falls.