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Paragraph 75 Additional contributions for past period under old regulation C4

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

In Schedule 4—

(a)

for the definitions of “the principal election”, “the past period” and “the contribution period” substitute—

  • “ “the principal election” means the election under old regulation C4(2);

  • “the past period” means the period specified in that election pursuant to old regulation C4(7)(a);

  • “the contribution period” means the period specified in that election pursuant to old regulation C4(7)(c)”. ”,

(b)

in paragraph 1(3) for “regulation C9 or C10” substitute “old regulation C9 or regulation C10”,

(c)

in paragraph 1(3)(b) before “regulation C9(7)(a)” insert “old”,

(d)

in paragraph 3 omit “Subject to paragraphs 4 and 5”,

(e)

omit paragraphs 4 and 5,

(f)

in paragraph 6(2) for “such sum as would be payable under Part II of this Schedule” substitute “the actuarial equivalent of the additional contributions that would have been payable”,

(g)

in paragraph 9(3) for “such amount as would be payable under Part II of this Schedule” substitute “the actuarial equivalent of the additional contributions that would have been payable”,

(h)

omit paragraph 11,

(i)

in paragraph 12—

(i)

insert “and” at the end of sub-paragraph (2)(b) and omit “and” at the end of sub-paragraph(2)(c),

(ii)

omit sub-paragraph (2)(d).