THE SCHEDULEPENSION TRUST OF THE RAILWAYS PENSION SCHEME

Additional Voluntary Contributions11D

Unless either otherwise specified in the Rules or otherwise required by the Contracting–out Laws, where a Member has paid Additional Voluntary Contributions and those Additional Voluntary Contributions have been invested separately from all the other assets of the Scheme, the proceeds shall be used separately to provide additional benefits for, or in respect of, the Member.

The additional benefits shall be consistent with Revenue Approval and shall comply so far as possible with any wishes made known by the Member in writing to the Trustee.