Purchase of added years
27.—(1) Schedule 7 shall have effect with respect to the purchase of additional periods of reckonable service by participants, and subject to the provisions of that Schedule the aggregate period of reckonable service of a participant who purchases such an additional period shall be treated as increased by such period.
(2) The provisions of Schedule 7 are without prejudice to any maximum pension imposed in relation to a participant under article 7(3) or 7(4).
(3) For the purposes of article 7(5) any period of reckonable service (by way of an added year) purchased by a participant under any of the provisions of Schedule 7 shall be deemed to be a period of service to which section 1(2)(b) of the 1979 Act did not apply.