16(1)This paragraph applies for the purposes of paragraph 15(4)(b).E+W+S
(2)The first revaluation period is the period which—
(a)begins with the day after the day on which the deferred member’s pensionable service in respect of the pension ended, and
(b)ends with the day before the assessment date.
(3)The revaluation amount for the first revaluation period is—
(a)where that period is less than one month, nil, and
(b)in any other case, the amount determined in the prescribed manner.
(4)In this paragraph “the deferred member” and “the pension” are to be construed in accordance with paragraph 15.
Commencement Information
I1Sch. 7 para. 16(1)(2)(3)(a)(4) in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7
I2Sch. 7 para. 16(3)(b) in force for the purpose only of conferring power to make regulations, orders or rules, as the case may be, 10.2.2005; and for all other purposes at 6.4.2005 by S.I. 2005/275, art. 2(3), Sch. Pt. 3