Paragraph 7

(1)

Subject to sub paragraphs (2) to (6), a declaration shall take effect as such on the day on which it is delivered to the Scottish Ministers.

(2)

A declaration shall not have effect before the teacher’s relevant birthday.

(3)

A declaration shall not have effect if either the teacher making it or the person for whose benefit the allocation was to be made dies before the material time.

(4)

In the case of a declaration made by a retiring employee, the material time shall be the later of–

(a)

the day after that on which the declaration is delivered; and

(b)

the day before that on which he or she becomes entitled to payment of retirement benefits.

(5)

In any other case the material time shall be the day on which the declaration is delivered.

(6)

A declaration may be revoked or varied by a further declaration delivered–

(a)

in the case of a retiring employee, before the day on which he or she becomes entitled to payment of retirement benefits; and

(b)

in any other case, before the day on which the original declaration is delivered.