PART 8Payment of benefits

CHAPTER 3Payment of lump sums

Member declaration167

1

The scheme manager may not pay a member a lump sum under this Chapter unless the member declares in writing that, on payment of the lump sum, paragraph 3A of Schedule 29 to FA 2004 M1 would not apply.

2

The declaration must be—

a

signed by the member;

b

in a form specified by the scheme manager; and

c

provided by a date determined by the scheme manager.