# The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014, Regulation 163: Amount of lump sum payable under regulation 162

Extent: S

The amount of a lump sum payable under regulation 162 must—
(a) be a multiple of £12; and
(b) not exceed P’s permitted maximum.

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Source: https://www.legislation.gov.uk/ssi/2014/292/regulation/163 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-163
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.