Amendment of regulation 62
This section has no associated Policy Notes
7. For paragraph (2) of regulation 62 (refund of lump sum contribution), substitute—
“(3) If M dies before the end of the refund period—
(a)the amount of the lump sum paid by M must be repaid to M’s executors;
(b)the amount of lump sum paid by M’s employing authority pursuant to regulation 56 must be repaid to the authority; and
(c)the additional pension account must be closed.
(4) If an ill-health pension becomes payable to M before the end of the refund period—
(a)the amount of the lump sum paid by M must be repaid to M;
(b)the amount of lump sum paid by M’s employing authority pursuant to regulation 56 must be repaid to the authority; and
(c)the additional pension account must be closed.”.