Paragraph 35 Death of person
Where the person dies within one year after the date on which the election was made—
(a)
where the contributions were made by the person pursuant to an election made by him, those contributions shall be repaid to the person’s personal representatives, and
(b)
where the contributions were made by the person’s employer, pursuant to an election made by him, those contributions shall be repaid to the employer,
but in either event there shall be no credit relating to increased benefits for the person’s dependants.