after sub-paragraph (2) insert—

“(2A)

(a)

in paragraph 3 of Schedule 5 to the 1999 scheme rules for “irrevocable on and form the date when the Parliamentary corporation accepts it” substitute “revocable by the member giving notice in writing to the Fund trustees”, and

(b)

after paragraph 3, insert—

“3A.

Where a participating member buying added years by periodical contributions revokes the application before paying the last instalment—

(a)

no more instalments are payable; and

(b)

the Fund trustees must calculate the number of added years in respect of which the periodical contributions have been paid as follows—

$$A\times \genfrac{}{}{0.1ex}{}{B}{C}$$

where—

“A” is the number of added years the individual applied to buy;

“B” is the period (in days) in respect of which instalments have been paid; and

“C” is the period (in days) for which instalments would have been paid in accordance with paragraph 4(a) had the individual not revoked the application.”