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PART IVE+W+S DISCHARGE OF LIABILITY IN RESPECT OF A PENSION CREDIT

Adjustments to the amount of the pension credit—payments made without knowledge of the pension debitE+W+S

17.  For the purposes of paragraph 9 of Schedule 5 to the 1999 Act (adjustments to amount of pension credit), where the cash equivalent of the member’s shareable rights after deduction of the payment referred to in sub-paragraph (b) of that paragraph, is less than the amount of the pension debit, the pension credit shall be reduced to that lesser amount.