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This Order is made under the Armed Forces (Pensions and Compensation) Act 2004 (c. 32).
Article 1 provides that this Order comes into force on 1st October 2007.
Article 2 amends the Armed Forces and Reserve Forces Compensation Order 2005 (S.I. 2005/439) which established and sets out the Armed Forces and Reserve Forces (Compensation Scheme) 2005 (“the Compensation Scheme”). As a consequence, the guaranteed income payment and the survivor’s guaranteed income payment to be paid in relation to Gurkhas who are members of the Armed Forces Pension Scheme 1975 or the Armed Forces Pension Scheme 2005 will be calculated by application of the factors contained in the table at Schedule 5 to the Compensation Scheme. A new Schedule 3 of the Compensation Scheme is inserted, which contains a new table of factors which is to be used in calculating the guaranteed income payment or survivor’s guaranteed income payment to be paid in relation to Gurkhas who are members of the Gurkha Pension Scheme.
A full regulatory impact assessment has not been produced on this instrument as it has no impact on the costs of business, charities or the voluntary sector.
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