87Payments to Fund by Minister

87 Payments to Fund by Minister

(1)  If a benefit is payable under these regulations, the Minister is to pay the proportion of that benefit that is provided by this regulation.

(2)  The payment in the case of a person who receives –

(a) a lump sum benefit from the Fund under regulation 33 , 36 , 37 , 39 or 82 or, if such a benefit is converted to a pension under regulation 59 , that pension; or

(b) an interim invalidity pension payable under regulation 44 ; or

(c) an interim pension payable under regulation 45  –

is to be an amount in respect of each pension or lump sum payment equal to the proportion determined under regulation 86(2) of the lump sum or pension that would have been payable if the person had always contributed at the basic contribution rate.

(3)  The payment in the case of a person who is paid a lump sum benefit from the Fund under regulation 41 is to be an amount equal to –

(a) if the person is a contributor to whom regulation 34 refers who –

(i) becomes entitled to an amount under regulation 41 ; and

(ii) ceases to be a contributor otherwise than by reason of a prescribed arrangement –

the whole of the amount, less the sum payable from the Fund under regulation 40(6)(a) ; or

(b) if the person ceases to be a contributor as a result of a prescribed arrangement and is entitled to both a benefit under regulation 34 and an amount under regulation 41(3)(a)  – the total benefit payable under regulation 34 less the amount payable from the Fund under regulation 40(6)(a) ; or

(c) if the person ceases to be a contributor as a result of a prescribed arrangement and is entitled to a benefit under and an amount under  – the total benefit payable under that exceeds the balance of his or her account under ; or