Section 7 Power to commute pensions.C1

(1)

The Minister, on the application of any person in receipt of a pension, may in his discretion and on the prescribed terms and subject to the prescribed conditions, commute any part of the pension by the payment of a capital sum.

(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(3)

In this section the expression “prescribed” means prescribed by regulations made by the Minister with the approval of the Treasury.

Annotations

Textual amendments

F1: S. 7(2) repealed (E.W.) (S.) by Theft Act 1968 (c. 60), s. 33(3), Sch. 3 Pt. I and (N.I.) by Theft Act (Northern Ireland) 1969 (c. 16), s. 31(2), Sch. 3 Pt. I

Modifications

C1: Functions of Treasury under s. 7 now exercisable by Minister for the Civil Service: S.I. 1968/1656