Regulation 5

For the purpose of calculating the increase that may be made under the Pensions Increase (Annual Review) Order 1973 or any subsequent Order under section 2 of the Pensions (Increase) Act 1971 in a pension payable under Part II of the 1965 Act or Part I of the 1972 Act beginning on or before 1st July 1972, the amount of any increase under section 1 of the Pensions (Increase) Act 1971 or under the Pensions Increase (Annual Review) Order 1972^f1 shall be taken to be the amount of any increase under that section or that Order as modified by the 1972 Regulations.