Regulation 15 Payment by Secretary of State

(1)

Retirement pensions and dependant’s pensions are to be paid by the Secretary of State to the persons entitled to them.

(2)

Lump sums payable–

(a)

as mentioned in regulation 11(8), or

(b)

under regulation 12(2) or (3)(b) or 14(2),

are to be paid by the Secretary of State to the deceased’s widow or widower or, if there is no widow or widower, to the personal representatives.

(3)

Lump sums payable under regulation 11(11) or 14(1) are to be paid by the Secretary of State to the former basic contributor.

(4)

If by reason of regulation 13 a benefit is not payable in full, the Secretary of State is to pay to the person entitled to the benefit so much of the relevant amount as would–

(a)

in the case of a pension, if applied to its purchase, or

(b)

in the case of a lump sum, if paid as part of it,

have caused the benefit to exceed the limit.

(5)

The relevant amount is–

(a)

in the case of a pension payable under regulation 11, the proportion of the amount obtained under regulation 11(9) that is applicable to the purchase of the pension,

(b)

in the case of a lump sum payable under regulation 12(2), that sum, and

(c)

in the case of a pension payable under regulation 12(3)(a) or (5), the proportion of the pension element that is applicable to the purchase of the pension.

(6)

The amount of any tax chargeable, under section 598 of the Taxes Act or otherwise, on a payment under this regulation is to be deducted by the Secretary of State before payment.