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9.—(1) Regulation E6 of the Pension Scheme Regulations (lump sum on retirement) is amended in accordance with this regulation.
(2) In paragraph (1), before “Each member”, insert “Subject to paragraph (8),”.
(3) After paragraph (7), add—
“(8) Where a member entitled to a lump sum under this regulation has attained the age of 75—
(a)he shall cease to be entitled to a lump sum; and
(b)shall instead be entitled to have his pension increased by such amount as the Secretary of State may, after taking advice from the scheme actuary, determine.”.
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