Effect of a review on compensation payable under paragraph 15 of Schedule 712

Where—

a

a pensioner is entitled to periodic compensation under paragraph 3(2) of Schedule 7; and

b

the appropriate percentage in paragraph 3(4) of that Schedule is 0 (nil) %,

paragraph 15 of that Schedule (deferred members who have not attained normal pension age at assessment date) shall apply as if, after paragraph 15, there were inserted—

15A

Where—

a

a pensioner is entitled to periodic compensation under paragraph 3(2); and

b

the appropriate percentage under paragraph 3(4) is 0 (nil) %,

that pensioner shall be treated for the purposes of paragraph 15 as being a person who is a deferred member of the scheme immediately before the assessment date who has not attained normal pension age in respect of his rights to a pension under the scheme.