E8.—(1) Subject to paragraph (5), the Committee shall have power, at its discretion, to pay or apply the whole or any part of the lump sum death grant payable under regulation E1(1), E2(1), E3(1) or E4(1) to or for the benefit of all or any of the surviving spouse, children, dependants, relatives, personal representatives or nominated beneficiaries of the deceased member in such shares as the Committee shall in its absolute discretion decide.
(2) The Committee may, but without being in any way bound to do so, have regard to any nomination made by the member.
(3) A nomination shall be made by notice in writing to the Committee in such form as the Committee may from time to time require and shall be revocable.
(4) A nomination shall be revoked by any subsequent nomination which complies with the requirements referred to in paragraph (3).
(5) If or to the extent that the lump sum death grant has not been paid by the expiry of the period of two years following the death of the member, it shall be paid by the Committee to his personal representatives.
(6) For the purposes of this regulation—
(a)“member” includes a former member who is a person referred to in regulation E2(1), E3(1) or E4(1),
(b)“nominated beneficiary” means an individual or an unincorporated or incorporated body nominated by the member in any nomination made by him in respect of the lump sum death grant which was in force at the time of his death, and
(c)“relative” means any living individual who is—
(i)a parent of the member or the spouse or surviving spouse of any such person, or
(ii)the child or remoter issue of such parent or the spouse or surviving spouse of any such person, or
(iii)a former spouse of the member.