Amendment of regulation 50N.I.
This section has no associated Explanatory Memorandum
13.—(1) Regulation 50(1) (increase in pensionable pay following exercise of option under regulation 49) is amended as follows.
(2) In sub-paragraph (b), after “is increased”, insert “(disregarding any increase in pensionable pay resulting from the member leaving a salary sacrifice arrangement)”.
(3) In sub-paragraph (c), after “is reduced”, insert “(disregarding any reduction in pensionable pay resulting from the member entering into a salary sacrifice arrangement)”.
Commencement Information
I1Reg. 13 in operation at 12.6.2024 with effect in accordance with reg. 1(2)