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17.—(1) Regulation 94 of the Superannuation Scheme Regulations (Commutation of trivial pensions) is amended in accordance with this regulation.
(2) For paragraph (3) substitute—
“(3) A pension may be treated as trivial only if all benefits payable under the scheme to the person concerned are of an amount consistent with—
(a)the contracting-out and preservation requirements of the 1993 Act(1); and
(b)the lump sum rule and the lump sum death benefit rule.”.
(3) Omit paragraph (4).