# The Pensions Increase (Speakers' Pensions) Regulations 1972, Regulation 5


(1) Subject to paragraph (2) below, a pension payable under Mr. Speaker King's Retirement Act 1971 shall be treated for the purposes of the 1971 Act as if it began on 1st April 1965.
(2) Any increase under the 1971 Act of a pension payable under Mr. Speaker King's Retirement Act 1971 shall not exceed the amount by which the basic rate of the pension falls short of the rate of the pension to which the person in receipt of the pension would have been entitled under section 26 or 27 (as the case may be) of the Parliamentary and other Pensions Act 1972 if the person in respect of whose service the pension is payable had, not earlier than that time, ceased to hold office as Speaker of the House of Commons.
(3) Any increase payable by virtue of this Regulation shall be payable in respect of any period beginning on or after 1st April 1972.

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Source: https://www.legislation.gov.uk/uksi/1972/1653/regulation/5 (the official version)
Page: https://openlegislation.uk/pensions-increase-speakers-pensions-regulations-1972/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.