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23. In Part I of Schedule 5—
(a)in paragraph 1(1) for the words “and 3” there shall be substituted the words“, 3 and 3A”;
(b)for sub-subparagraph (b) of paragraph 1(5) there shall be substituted the following sub-subparagraph—
“(b)has effect from the beginning of the month following the month in which the Seretary of State gives written notice of his acceptance of the election.”; and
(c)after paragraph 3 there shall be inserted the following paragraph—
“3A.—(1) A person may elect, by giving written notice to the Secretary of State, to cease to pay contributions payable by Method 1 but, in the case of such election being made, any additional contributions paid up to that time are not to be refunded.
(2) An election under this paragraph has effect only if the Secretary of State notifies the person in writing that it has been accepted.”.
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