Regulation 23 Amount and duration of periodic compensation that can be paid in the case of a relevant partner
(1)
Where a relevant partner is entitled to payment of periodic compensation under regulation 22, compensation is to commence on the day following the transferee's death and is payable for life.
(2)
The amount of periodic compensation payable is to be calculated—
(a)
where the transferee was entitled to payment of periodic compensation commencing on the transfer day, or would have become so entitled had they not died, in accordance with paragraph 5(3) of Schedule 5 to the Act; or
(b)
where the transferee was entitled to payment of periodic compensation commencing at pension compensation age, or would have become so entitled had they not died, in accordance with paragraph 7(3) of Schedule 5 to the Act.