12(1)Paragraph 10 of Schedule 29 (winding-up lump sums) is amended as follows.
(2)In sub-paragraph (1)(c), for “the member’s employer” substitute “any person by whom the member is employed at the time when the lump sum is paid, and who has made contributions under the pension scheme in respect of the member within the period of five years ending with the day on which it is paid,”.
(3)In sub-paragraph (3)—
(a)for “are that the employer” substitute “referred to in paragraph (c) of sub-paragraph (1) are that the person mentioned in that paragraph”, and
(b)omit paragraph (a).