Deferred choice decision: revocation N.I.
14.—(1) Where the deferred choice decision-maker is M, M may revoke a deferred choice decision—
(a)at any time before benefits become payable in relation to M’s remediable service, and
(b)by M communicating to the scheme manager notice of the revocation in a form and manner determined by the scheme manager.
(2) Where—
(a)the deferred choice decision-maker is a person other than M or the scheme manager (“D”),
(b)M had made a deferred choice decision,
(c)immediately before M’s death, no pension benefits were payable in relation to M’s remediable service, and
(d)the end of the section 10 election period has not passed,
D may revoke M’s deferred choice decision by communicating to the scheme manager notice of the revocation in a form and manner determined by the scheme manager.
(3) A deferred choice decision made by a person other than M is irrevocable.
Commencement Information
I1Reg. 14 in operation at 1.10.2023, see reg. 1(b)