15 Repayment of investments in certain cases
1 In the case of a person who—
(a) ceases to be employed in reckonable service; and
(b) is entitled to receive a return of contributions under regulation 42 of the Principal Regulations; and
(c) has applied for and received such a return of contributions,
the Department shall make arrangements for that person to receive a lump sum representing the total realisable value of the investments made by the Department in respect of that person under regulation 9(1) or 10(2).
2 There shall be deducted from any lump sum payable under paragraph (1) the amount of tax chargeable under section 598 of the Taxes Act.