# The State Pension Credit Regulations (Northern Ireland) 2003, Paragraph 23ZA


Where a person elects to be entitled to a lump sum under Schedule 5 or 5A to the Contributions and Benefits Act or under Schedule 1 to the Graduated Retirement Benefit Regulations, or is treated as having made such an election, and a payment has been made pursuant to that election, an amount equal to—
(a) except where sub-paragraph (b) applies, the amount of any payment or payments made on account of that lump sum;
(b) the amount of that lump sum,
but only for so long as that person does not change that election in favour of an increase of pension or benefit.

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Source: https://www.legislation.gov.uk/nisr/2003/28/schedule/5/paragraph/23ZA (the official version)
Page: https://openlegislation.uk/state-pension-credit-regulations-northern-ireland-2003/schedule-5/paragraph-23ZA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.