16.—(1) A participant may notify the Authority that they intend to withdraw from the Scheme.
(2) Notification given under paragraph (1) must state the date on which the participant intends to withdraw from the Scheme (“the withdrawal date”), which must be no earlier than 28 days after the date on which the notification is given.
(3) The participant ceases to be a participant, and ceases to be entitled to the payment of periodic support payments, on the withdrawal date.
(4) The Authority must update the central register by recording that the participant has withdrawn from the Scheme, together with the withdrawal date.