43DEffect on benefits

43D Effect on benefits

43D Effect on benefits

(1) Regulations may be made for or with respect to the payment and calculation of future benefits where part of a benefit has been released to a person under section 43B or 43C.

(2) Without limiting subsection (1), regulations may be made for or with respect to the following matters—

(a) the adjustment by STC of a benefit that is paid to a person to whom an amount has been previously released under section 43B or 43C, including interest payable in respect of the amount released,

(b) the obtaining of consent to any such adjustment,

(c) the obtaining of actuarial advice by STC for the purpose of any such adjustment,

(d) enabling the payment to STC of amounts to set-off amounts released under section 43B or 43C against benefits that would otherwise accrue,

(e) any matter ancillary to or consequential on the matters set out in paragraphs (a)–(d).

s 43D: Ins 1997 No 149, Sch 1.6 [13]. Subst 2000 No 100, Sch 5 [17].