Comparison View

Formal Consolidation |  2002 RevEd
Purchase of approved annuity
6.—(1)  Any member who wishes to purchase one or more approved annuities with the additional sum may apply to the Board in such form and manner as the Board may determine.
(2)  Any application for approval under paragraph (1) shall contain such information and particulars as the Board may require.
(3)  If the Board is satisfied that the annuity or annuities to be purchased by the member have been approved by the Board under regulation 4, the Board shall pay the insurer issuing the approved annuity or annuities for the purchase from the member’s additional sum.
Informal Consolidation | Amended S 848/2013
Purchase of approved annuity
6.—(1)  Any member who wishes to purchase one or more approved annuities with the additional sum may apply to the Board in such form and manner as the Board may determine.
(2)  Any application for approval under paragraph (1) shall be made before 1st January 2014 and shall contain such information and particulars as the Board may require.
[S 848/2013 wef 01/01/2014]
(3)  If the Board is satisfied that the annuity or annuities to be purchased by the member have been approved by the Board under regulation 4, the Board shall (before 1st January 2014) pay the insurer issuing the approved annuity or annuities for the purchase from the member’s additional sum.
[S 848/2013 wef 01/01/2014]