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17.—(1) Where a person—
(a)ceases to be an active member in one employment in respect of which he has at least three months’ total membership (“the first employment”); and
(b)continues as an active member in another employment he held concurrently with the first employment,
he may elect to have his former membership in respect of the first employment aggregated with his membership in that other employment.
(2) If he so elects, the provisions of regulation 16 shall apply as if references to—
(a)his former membership or former active membership were references to his membership from his first employment;
(b)the new employment were references to his concurrent employment; and
(c)the employment in which he becomes an active member again were references to that concurrent employment.
(3) In the case of a person to whom this regulation applies, the period of membership which will be aggregated with his membership from the concurrent employment will be equal to his membership from his first employment, as reduced under regulation 7(3) and (4) of the Benefits Regulations if the first employment was part-time, multiplied by the fraction—
where the rate of pay in each case is the annual rate of pay on the last day of the first employment.
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