Public Authorities Superannuation (Metropolitan Water Sewerage and Drainage Board “A” Class Subsidised Assurance Scheme Transfer) (Savings and Transitional) Regulation 1986
4Election by scheme members
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4 Election by scheme members
4 Election by scheme members
(1) Within the period commencing on 1 August 1986, and ending on and including 31 October 1986, a member of the scheme may lodge with the Board an election to contribute to the Fund under section 11 of the Act as if that member were an employee.
(2) Where a member of the scheme elects to contribute to the Fund in accordance with subclause (1), that election takes effect on such first day of a month as is determined by the Board in relation to the election or elections of the class to which it belongs, notwithstanding section 11 (5) of the Act.
(3) An application under section 12 of the Act (additional benefit) may, subject to that section, be made at any time by a transferred contributor.