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3.—(1) Any person who–
(a)is a member of the Parliament immediately before its dissolution; and
(b)at the general election consequent upon the dissolution either–
(i)does not stand for return as a constituency member or as a regional member, or
(ii)if he does, is not so returned,
shall be entitled to receive payment of a grant under this article.
(2) The amount of the grant shall be equal to the relevant percentage of the annual salary payable to members of the Parliament immediately before the dissolution.
(3) For the purposes of paragraph (2) “the relevant percentage” is that shown in the Schedule in relation to–
(a)the person’s age at the dissolution; and
(b)the number of complete years of his service as a member of the Parliament before the dissolution.
(4) In determining a person’s length of service as a member of the Parliament, any period which was taken into account (or disregarded) in calculating the amount of grant previously payable to him under this article or under article 4 shall be disregarded.
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