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Paragraph 5

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In calculating the amount of a reduction in a man’s pension under paragraph 2 or 3 no account shall be taken of any reduction in the amount of the pension in accordance with the provisions of Regulation B7 or B9 (commutation and allocation) or of Part VII of this Schedule (reduction at state pensionable age); and, where the pension falls to be reduced under both those paragraphs, for the purpose of calculating each reduction, no account shall be taken of the other reduction.