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Paragraph 1

Original text. Later amendments are not shown.

In regulation 7–

(a)

for “regulations 4(3) and 5(3),” substitute “regulations 4(3), 5(3) and 7A”;

(b)

after “in accordance with such an election” insert “or the payment of a lump sum under regulation 5(5)”; and

(c)

at the end insert “or, as the case may be, the making of a reduced lump sum payment or no such payment”.