Discretionary compensation for redundancy: general
3. In regulation 6—
(a)in paragraph (3), for “normal retirement date (“NRD”) or, if he is not a Scheme member, the date that would be his NRD if he were” substitute “65th birthday”;
(b)in paragraph (4), for “but with the substitution for references to the calculation date of references to the termination date” substitute—
“but—
(a)with the substitution for references to the calculation date of references to the termination date; and
(b)without the limit on a week’s pay imposed by section 227 of that Act(1)”; and
(c)in paragraph (6), after “redundancy payment” insert “under Part XI of the 1996 Act(2) or compensation under Part II of these Regulations”.
(1)
The Act is the Employment Rights Act 1996 (c. 18).
(2)