SCHEDULES
SCHEDULE 1Payments for added pension
PART 2
CHAPTER 3Lump sum payments for added pension
Member’s election to make a lump sum payment for added pension
13.
(1)
The notice of election must specify the amount of lump sum which must not be less than any minimum amount determined by the scheme manager.
(2)
If the lump sum is not paid within three months after the date on which the notice of election was given, then the notice of election is void.