SCHEDULE 4Additional Contributions for past period

Part IMethod A

2.

(1)

contribution period shall be one of not less than one year, and begins on the first day of the month following the expiry of a period of one month from the date of acceptance of the election by the Department.

(2)

The contribution period and the past period shall be such that

A+Bdoes not exceed 15 per cent of the person's contributable salary for the time being,math

where—

  • A is the rate at which the additional contributions are payable; and

  • B is the rate at which he pays other contributions under Part C (except any treated for the purposes of regulation G2 as employer’s contributions) or towards the provision of a pension otherwise than under these Regulations.