PART DContributions

Contributions by participating Members

D1.—(1) Subject to paragraph (4) below and to regulation D3, there shall be deducted from each payment in respect of salary made to a participating Member the appropriate percentage of that payment; and all sums so deducted shall be paid into the Fund.

(2) In this regulation, “salary”

(a)in the case of a participating Member who is or has been Prime Minister and First Lord of the Treasury or Speaker of the House of Commons means his salary as a Member of the House of Commons pursuant to an effective resolution; and

(b)in the case of any other participating Member, means a Member’s ordinary salary.

(3) For the purposes of paragraph (1) above the appropriate percentage, in relation to a payment of salary made in respect of a period beginning on or after 1st April 1992, is 6 per cent.

(4) Where a person’s aggregate period of reckonable service as a participating Member exceeds that which would give rise to the maximum pension allowed in respect of that person as a participating Member under regulation F5 or F6, no deduction shall be made under this regulation from payments in respect of salary made to him.

(5) If any salary from which a deduction is required to be made under this regulation is not drawn, there shall be set aside, out of moneys available for the payment, a sum equal to the relevant deduction, and any sum so set aside shall be paid into the Fund.