SCHEDULE 7Reckonable service arising from payment of additional contributions in respect of past periods
8.—(1) This paragraph applies where a person paying additional contributions for a past period in accordance with Method 1, as described in paragraph 1 of Schedule 5, elects to cease to pay such contributions in accordance with paragraph 4 of that Schedule.
(2) Where this paragraph applies, the person is entitled to count as reckonable service—
where—
A is the past period;
B is the contribution period; and
C is so much of B as had elapsed by the date on which the election has effect in accordance with paragraph 4(2) of Schedule 5.