Regulation 5
The date on which, in the opinion of the Minister for the Civil Service, the emoluments relevant for the purpose of calculating a pension payable by the trustees of a trustee savings bank or by the Inspection Committee of trustee savings banks were increased by the principal pay increase made during the year ending with 6th November 1974, in accordance with the code in force under section 2 of the Counter-Inflation Act 1973 at the time of the increase, is—
in the case of a pension payable in respect of service ending with employment as an administrative officer of a trustee savings bank whose pay is fixed annually on a personal basis, 21st November 1973;
in the case of a pension payable in respect of service ending with employment as an officer of the Inspection Committee, 1st January 1974; and
in the case of a pension payable in respect of service ending with employment as an officer of a trustee savings bank other than such an officer as is specified in paragraph (a) above, 21st May 1974;
and accordingly those dates shall respectively be the relevant dates for those pensions.