2.—(1) The Schedule to the Lands Tribunal (Superannuation) Order (Northern Ireland) 1976(1) shall be amended in accordance with paragraphs (2) to (4).
(2) In paragraph 2—
(a)for sub-paragraph (3), there shall be substituted—
“(3) Subject to paragraphs (7) and (8), an election made under this paragraph shall be irrevocable.”
(b)after sub-paragraph (6), there shall be inserted—
“(7) A member who ceases to be married after having made an election under this paragraph may revoke his election by notice in writing to the Department of Finance and Personnel not later than six months after his so ceasing.
(8) Without prejudice to sub-paragraph (7), a member who is making periodical payments may on a single occasion and regardless of his marital status revoke his election to pay periodical payments by notifying the Department of Finance and Personnel in writing that he wishes to do so.
(9) A revocation made under sub-paragraph (7) or (8) shall not prevent a member subsequently electing to make periodical payments in accordance with sub-paragraph (1).”
(3) In paragraph 3—
(a)in sub-paragraph (2), for “3%”, there shall be substituted “1.8%”.
(b)for sub-paragraph (3), there shall be substituted—
“(3) A member 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 rate of 1.8%, 3.6%, 5.4%, 7.2% or at a higher percentage, being a multiple of the standard rate.”
(4) Paragraph 5(2) is revoked.