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4.—(1) This regulation applies to a person—
(a)who was a deferred member of the 2002 Scheme;
(b)who becomes a member of the Scheme by virtue of regulation 9 (joining the scheme) of the Administration Regulations; and
(c)whose preserved benefits under the 2002 Scheme have not yet come into payment.
(2) He may choose, by notice in writing to the Committee within 12 months (or such longer period as the Committee may allow) of becoming a member of the Scheme under paragraph (1)(b), to be treated as if regulation 3 applied.
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