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4. For regulation 11(2), substitute—
“(2) An office-holder who has back service and who elects to make periodical payments at the standard rate may also elect to make, in respect of that back service, additional payments at the following rates, namely, 2.4 per cent, 4.8 per cent, 6.6 per cent or a higher percentage, being a multiple of the standard rate.”.
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