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SCHEDULES

SCHEDULE 11N.I.Calculation of pension

PART 2N.I.Conversion of part of pension into lump sum

Member declarationN.I.

4.—(1) The scheme manager must not pay a member a lump sum under regulation 76 unless the member declares in writing that, on payment of the lump sum, paragraph 3A of Schedule 29 to the 2004 Act M1 would not apply.

(2) The declaration must be—

(a)signed by the member;

(b)in a form specified by the scheme manager; and

(c)provided by a date determined by the scheme manager.

Marginal Citations

M1Paragraph 3A of Schedule 29 was inserted by section 159 of the Finance Act 2006