SCHEDULES

F1SCHEDULE 4BAdditional Pension: Accrual Rates for Purposes of Section 45(2)(d)

Annotations:
Amendments (Textual)

PART 1AMOUNT FOR PURPOSES OF SECTION 45(2)(D)

1

1

The amount referred to in section 45(2)(d) above is to be calculated as follows—

a

calculate the appropriate amount for each of the relevant years within section 45(2)(d) above to which Part 2 of this Schedule applies;

b

calculate the appropriate amount for each of the relevant years within section 45(2)(d) above to which Part 3 of this Schedule applies; and

c

add those amounts together.

2

But if the resulting amount is a negative one, the amount referred to in section 45(2)(d) above is nil.