PART IVADMINISTRATION

CHAPTER IIMEMBERS' CONTRIBUTIONS

Cost of calculations for transfer of AVCs or SCAVCs into the Scheme where no transfer is requested87

Where –

a

at a member’s request the Committee gives him information concerning the amount payable if he elects under regulation 68(4) (including that regulation as applied by regulation 74(1)) for the accumulated value of his invested additional contributions to be used to provide additional pension for him under the Scheme, but

b

he does not make such an election before the expiry of the period of three months beginning with the date it gives him the information,

it may deduct the cost of calculating the additional pension from the accumulated value of the additional contributions mentioned in regulation 66(2).