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Amendment of regulation 15

5.  In regulation 15 (manner of determining the higher revaluation percentage in the case of deferred members who have not attained normal pension age at assessment date)—

(a)at the beginning insert “Subject to regulation 15B,”; and

(b)in each place in which it occurs, for “retail prices index” substitute “general level of prices in Great Britain determined in such manner as the Secretary of State may from time to time decide”.