Lump sum on DeathS
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13.—(1) Subject to paragraph (2), if a contributor who has elected under regulation 4(1)(b) to pay contributions to provide for a lump sum death benefit dies, the lump sum is payable.
(2) Any lump sum payable under paragraph (1) must not exceed the amount permitted in accordance with Part 2 of schedule 29 of the 2004 Act.