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PART 4Pension accounts

CHAPTER 5Additional pension account

Phased retirement pension ceases to be payable

59.—(1) This regulation applies if—

(a)an additional pension is payable with a phased retirement pension; and

(b)the phased retirement pension ceases to be payable regulation 94.

(2) The additional pension account must be re-established and credited with an amount equal to the annual rate of additional (self only) pension.