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Amendment to paragraph 47 (Application for payment of benefits for pension credit members) of Schedule 3
This section has no associated Explanatory Memorandum
11. In paragraph 47 of Schedule 3—
(a)in sub-paragraph (1)—
(i)for “transition member” substitute “pension credit member”;
(ii)after “member (P)” insert “with pension credit rights in this scheme and the existing scheme,”;
(iii)after “will receive payment” insert “under the existing scheme”;
(b)in sub-paragraph (2)—
(i)after “P may apply” insert “under this scheme”;
(ii)after “for payment” omit “from this scheme”.
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