Amendment of regulation 40
23. In regulation 40—
(a)in paragraph (4)(a)(iv), omit “and”;
(b)at end of paragraph (4)(a)(v), insert—
“and
(vi)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/320.”;
(c)in paragraph (4)(b) after “regulation 21(4)” insert “or, as appropriate, regulation 21(7),”
(d)in paragraph (5)(a)(iv), omit “and”;
(e)at end of paragraph (5)(a)(v), insert—
“and
(vi)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/160.”;
(f)in paragraph (5)(b) after “regulation 21(4)” insert “or, as appropriate, regulation 21(7),”
(g)in paragraph (9)(a)(iv), omit “and”;
(h)at end of paragraph (9)(a)(v), insert—
“and
(vi)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/240.”;
(i)in paragraph (9)(b) after “regulation 21(4)” insert “or, as appropriate, regulation 21(7),”
(j)in paragraph (10)(a)(iv), omit “and”;
(k)at end of paragraph (10)(a)(v), insert—
“and
(vi)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/120.”; and
(l)in paragraph (10)(b) after “regulation 21(4)” insert “or, as appropriate, regulation 21(7),”.