Marginal Citations
M1Source—1987 (No. 2) c. 51, Sch.3 Pt. II
7(1)This paragraph applies where—
(a)the rules of the scheme make provision for the payment by employees of voluntary contributions, and
(b)on or after 8th April 1987 an employee enters into arrangements to pay such contributions.
(2)Notwithstanding anything in the rules of the scheme, they shall have effect as if they did not allow the payment to the employee of a lump sum in commutation of a pension if or to the extent that the pension is secured by the voluntary contributions.
Modifications etc. (not altering text)
C1 See S.I.1988 No.1436 (in Part III Vol.5)for circumstances when paras.2-4, 5(2), 5(3), 6and 7disapplied.
8(1)This paragraph applies where an employee who is a member of the scheme (“the main scheme”)is also a member of an approved scheme (“the voluntary scheme”)which provides additional benefits to supplement those provided by the main scheme and to which no contributions are made by any employer of his.
(2)Any rules of the main scheme imposing a limit on the amount of a benefit provided for the employee shall have effect (notwithstanding anything in them to the contrary)as if they provided for the limit to be reduced by the amount of any like benefit provided for the employee by the voluntary schemeF1.
Textual Amendments
F1 Repealed by 1989 ss.75and 187and Sch.6 paras.17and 18(10)and Sch.17 Part IV.