Regulation 17 Adjustments to amount of the pension credit — payments made without knowledge of the pension debitI1

For the purposes of paragraph 9 of Schedule 5 (adjustments to amount of pension credit), where the cash equivalent of the member’s shareable rights after deduction of the payment referred to in sub-paragraph (b) of that paragraph, is less than the amount of the pension debit, the pension credit shall be reduced to that lesser amount.