Amendment of regulation 2512
In regulation 25 (Opting out after one month), for paragraph (3) substitute—
3
If P opts to join a partnership pension account, P ceases to be in pensionable service under this scheme in relation to that employment on the last day of the first pay period—
a
after the period of two months beginning on the date on which the option is exercised; or
b
after any shorter period the scheme manager considers appropriate.