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[F1SCHEDULE 4N.I.The Partnership Death Benefits Arrangements

PART 3N.I.Lump sum death benefits

Payment of lump sum death benefit to nominees or personal representativesN.I.

8.(1) The scheme manager may pay the lump sum death benefit payable in respect of a person to whom this Schedule applies (P) to—

(a)the person or persons nominated by P under paragraph 6 (“the nominees”);

(b)P’s personal representatives; or

(c)both the nominees and P’s personal representatives.

(2) If the scheme manager decides to pay all or part of the lump sum death benefit to the nominees and more than one individual has been nominated, the payment is to be made to them in such proportions as the scheme manager considers appropriate.

(3) If the scheme manager decides to pay the lump sum death benefit to the nominees and to P’s personal representatives, the payment is to be made to them in such proportions as the scheme manager considers appropriate.]