Increases in certain lump sums
This section has no associated Explanatory Memorandum
4. In respect of any lump sum or instalment of a lump sum which became payable before 11th April 2005 but on or after 12th April 2004 there may be paid an increase of 3.1 per cent of the amount of the lump sum or instalment (as increased by the amount under section 1 of the 1971 Act or under the existing Orders) multiplied by
where
a
A is the number of complete months in the period between the beginning date for the lump sum or, if later, 12th April 2004 and the date on which it became payable; and
b
B is 12.