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Paragraph 2

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

(1)

Paragraphs 1(2) and (3) and 2(2) and (3) of Part I as applied hereby shall have effect without regard to paragraph 2 of Part III of Schedule J but as if for any reference in the said paragraphs of Part I to the relevant parent’s pension or notional pension there were substituted a reference to his deferred pension calculated in accordance with the following sub-paragraph.

(2)

For the purposes of paragraph 1(2) and (3) or 2(2) and (3) of Part I as so applied, the relevant parent’s deferred pension shall be calculated without regard to—

(a)

the restrictions on payments contained in Regulation B5(4);

(b)

the provisions for the reduction of a pension contained in Regulation B7(7) and (8)(b) (commutation), in Regulation B9(7) (allocation) and in Parts VII and VIII of Schedule B (reductions at state pensionable age and related to up-rating of widow’s pension).