- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
4.—(1) A person in pensionable employment may at any time elect to pay—
(a)regular contributions for investment under regulation 9(1);
(b)a lump sum contribution for investment under regulation 9(1); or
(c)regular contributions to provide for a lump sum death benefit under these Regulations.
(2) The notice of such an election is to specify—
(a)in the case of an election under paragraph (1)(a) or (c), the amount of each regular contribution or, if expressed as a percentage of salary, that percentage;
(b)in the case of an election under paragraph (1)(b) the amount of the contribution;
(c)in the case of an election under paragraph (1)(a) or (b) the fund or funds in which contributions are to be invested; and
(d)in the case of an election under paragraph 1(c) the amount to be secured which must not be less than £5,000.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: