Article 4 Increase in certain lump sums
(1)
This Article applies to any lump sum or instalment of a lump sum which became payable on or after 11th April 2011 but before 9th April 2012.
(2)
The pension authority may increase a lump sum or instalment of a lump sum to which this Article applies by 5.2 per cent of the amount of the lump sum or instalment (as increased by the amount of any increase under section 1 of the 1971 Act or under the existing Orders) multiplied by—
where
- (a)
A is the number of complete months in the period between the beginning date for the lump sum or, if later, 11th April 2011 and the date on which it became payable; and
- (b)
B is 12.