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SCHEDULE D4Procedure for surrender of part of retirement pension

6.—(1) A notification given by a person under paragraph 2 shall become null and void if—

(a)the beneficiary dies before the person receives notification from the Committee that his surrender has been allowed; or

(b)the person dies at any time before midnight on the day on which the Committee decides to allow the surrender.

(2) Subject to sub-paragraph (1), a surrender allowed in pursuance of a notification given by a person shall have effect as from the date on which the person ceases to hold his employment.