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9.—(1) An AVC member must from time to time, as required by the scheme manager, instruct the scheme manager by notice in writing as to the level and form of contributions that the AVC member wishes to make.
(2) An AVC member may contribute to the AVC scheme by way of —
(a)lump sum payments made from time to time of the same or a different amount;
(b)regular payments of the same amount; or
(c)a combination of lump sum and regular payments,
and in any case payment must be made by way of a deduction from the AVC member’s salary or fees.
(3) A notice under paragraph (1) must specify—
(a)in the case of a regular payment, the amount of each regular payment or, if expressed as a percentage of salary or fees, that percentage;
(b)in the case of a lump sum, the amount of the contribution.
(4) An AVC member’s scheme contributions in any tax year must not exceed that amount which, when aggregated with all contributions to any other registered scheme in the same tax year, bring the AVC member’s total contributions for that tax year up to the maximum amount of relief as calculated under section 190 of the 2004 Act(1).
Part of section 190 was repealed by the Finance Act 2013 (c. 29).
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