126.—(1) This regulation applies to determine the annual amount of pension payable under regulation 121 if, at the date of death, the deceased was a recent leaver (within the meaning of regulation 118(4)).
(2) The amount is the appropriate fraction of the basic death pension.
(3) The basic death pension is the amount found by applying the formula in regulation 123(3).
(4) The appropriate fraction is as determined by regulation 125(4).