Regulation 4

In relation to a pension to which these Regulations apply, the 1971 Act shall apply subect to the modifications specified in the following provisions of this Regulation.

The basic rate of the pension (as defined in section 17(1) of the 1971 Act) shall be ascertained, for the purposes of the 1971 Act and the Pensions (Preservation of Increase) Order 1971^f1, by reference to its annual value apart from any reduction by virtue of paragraph 16 or paragraph 25(1)(b) or (c) of the Injury Warrant 1952 or paragraph 10 of the Injury Warrant 1965.

Any increase of the pension under the 1971 Act shall not exceed the amount (if any) by which the aggregate of—

exceeds the rate of benefits in respect of which the pension is reduced by virtue of paragraph 16 or paragraph 25(1)(b) or (c) of the Injury Warrant 1952 or paragraph 10 of the Injury Warrant 1965.