Payment of lower monthly income under regulation 12(1) or (3), 12A, 13 or 13B
13C.—(1)  Despite regulation 12(1) or (3), 12A, 13 or 13B, a member who is entitled to receive a monthly income under any of those provisions may apply to the Board to be paid a monthly income, specified in his application, of an amount less than the monthly income provided by that provision.
(2)  The Board may approve an application made under paragraph (1) on such terms and conditions as the Board may impose.
[S 443/2014 wef 01/07/2014]