Print Options
PrintThe Whole
Act
PrintThe Whole
Schedule
PrintThis
Section
only
Status:
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
Pension compensation sharing: postponement of compensation
This
adran has no associated
Nodiadau Esboniadol
34(1)In paragraph 12 (eligibility for terminal illness lump sum)—
(a)in sub-paragraph (4) in the definition of “relevant age”—
(i)in paragraph (a) omit “or deferred” and “or (as the case may be) 11”, and
(ii)in paragraph (b) omit “or deferred”, and
(b)after sub-paragraph (4) insert—
“(5)Sub-paragraph (6) applies where the commencement of a person’s periodic compensation under paragraph 6 is postponed by virtue of paragraph 16A.
(6)This paragraph applies as if—
(a)the person first becomes entitled to compensation under paragraph 6 immediately after the period of postponement ends, and
(b)in sub-paragraph (1)(b), for “if the transferee lived to the relevant age, he or she would become entitled on attaining that age” there were substituted “if the period of postponement ended, the transferee would become entitled”.”
(2)In paragraph 15 (effect of successful application for terminal illness lump sum) after sub-paragraph (3) insert—
“(4)Where on the granting of the application the commencement of a person’s periodic compensation under paragraph 6 is postponed by virtue of paragraph 16A, this paragraph applies as if the references to the transferee attaining the relevant age were references to the period of postponement ending.”
Yn ôl i’r brig