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4.—(1) This article applies to any lump sum or instalment of a lump sum which became payable on or after 12th April 2010 but before 11th April 2011.
(2) The pension authority may increase a lump sum or instalment of a lump sum to which this article applies by 3.1 per cent of the amount of the lump sum or instalment (as increased by the amount of any increase under section 1 of the 1971 Act or the existing Orders) multiplied by
where
A is the number of complete months in the period between the beginning date for the lump sum or, if later, 12th April 2010 and the date on which it became payable; and
B is 12.
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