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3.K.6.—(1) This regulation applies to a 2008 Section Optant who becomes a member of this Section of the scheme and, at the date that person’s option to join this Section of the scheme was received by the Scottish Ministers in accordance with regulation 3.K.2 (option for a member of the 1995 Section to join this Section of the scheme), elects under regulation Q2 (right to buy an unreduced retirement lump sum) of the 2011 Regulations to—
(a)purchase an unreduced retirement lump sum for service before 25th March 1972; or
(b)buy additional survivor’s pension for service before 6th April 1988,
which satisfies any of the conditions in paragraph (2).
(2) Those conditions are that the election—
(a)was paid for in full by the date referred to in paragraph (1);
(b)ceased before the date referred to in paragraph (1), but before completion of the additional contributions payable;
(c)was payable by additional contributions and remained in force immediately before the date referred to in paragraph (1); or
(d)was payable by deduction from the member’s retirement lump sum.
(3) If paragraph (1) applies, the election referred to in that paragraph ceases to be effective from 1st April 2008 and—
(a)any additional contributions under the election that were due but not paid at that date must be deducted in accordance with regulations 3.K.2(6) and (7);
(b)any liability to pay additional contributions under the election ceases from 1st April 2008; and
(c)any requirement to pay for an unreduced retirement lump sum by the deduction referred to in paragraph (2)(d) lapses.
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