The Financial Assistance Scheme (Revaluation and Indexation Amendments) Regulations 2011

Amendment of Schedule 2

9.  In paragraph 5 of Schedule 2—

(a) in sub-paragraph (7)—

(i) after sub-paragraph (c) omit “and”;

(ii) after paragraph (c) insert—

“(ca) in any case where—

(i) the day from which the qualifying member became entitled to an annual payment; or

(ii) the day from which the survivor of the qualifying member became entitled to an annual payment,

is on or after 31st March 2011, the revaluation amount for the third survivor revaluation period (see sub-paragraphs (10A) and (11)); and”; and

(iii) in paragraph (d)—

(aa) for “third” substitute “fourth”; and

(bb) after “survivor” insert “revaluation”;

(b) for sub-paragraph (10)(b)(i) substitute—

“(i) the earliest of—

(aa) the day from which the qualifying member became entitled to an annual payment;

(bb) the day from which the survivor of the qualifying member became entitled to an annual payment; or

(cc) 31st March 2011; or”;

(c) after sub-paragraph (10) insert—

“(10A) The third survivor revaluation period is the period beginning on 31st March 2011 and ending on the earlier of—

(a) the day from which the qualifying member became entitled to an annual payment; and

(b) the day from which the survivor of the qualifying member became entitled to an annual payment.”;

(d) for sub-paragraph (11) substitute—

“(11) The revaluation amounts for the second and third survivor revaluation periods are the revaluation amounts determined in accordance with paragraph 4(8) to (12).”;

(e) in sub-paragraph (12) for “third” substitute “fourth”; and

(f) in sub-paragraph (13) for “third” substitute “fourth”.