Interpretation
This section has no associated Explanatory Memorandum
1. In this Schedule—
“amount of extra pension” means the amount of accrued added pension at any time;
“appropriate pay period” means the pay period that the scheme manager considers appropriate;
“notice of election” has the meaning given in paragraph 5;
“overall limit of extra pension” has the meaning given in paragraph 2;
“periodical payment period” means the period for which periodical payments for added pension payments are payable;
“period of service” in relation to this scheme, means a continuous period of pensionable service under this scheme;
“the relevant day” means the day on which the lump sum is received by the scheme manager;
“the relevant scheme year” means the scheme year in which the relevant day falls.