Document ID: chunk:federal_register_of_legislation:C1969A00026:body:0:p12
Version: federal_register_of_legislation:C1969A00026
Segment Type: other
Provision Reference: 
Character Range: 26454–28926

time;

       (b) in the case of an employee to whom section sixty-seven of this Act applies—the sum of the number of units of pension (other than reserve units of pension) for which he is a contributor at the time of the election and the number of units of pension (other than non-contributory units of pension) in respect of which he is in receipt of a pension under this Act is less than one-half of his full unit entitlement as at that time; or

       (c) in the case of an employee to whom section sixty-nine of this Act applies or applied—the sum of the number of units of pension (other than reserve units of pension) for which he is a contributor at the time of the election and the number of units of pension in respect of which his right referred to in section sixty-eight of this Act is or was, under section seventy-one or section seventy-two of this Act, commutable for new rights is less than one-half of his full unit entitlement as at that time.
"(2.) An election by an employee under section twenty-two b of this Act does not have effect, and shall be deemed not to have had effect, in relation to a unit of pension where, if it had effect in relation to that unit—
       (a) in a case to which neither of the next two succeeding paragraphs applies—the number of units of pension (other than reserve units of pension) for which he was a contributor as at the time immediately before the time as from which the election has or had effect less the number of units of pension in respect of which an election by the employee under section twenty-two b of this Act has effect would be less than one-half of his full unit entitlement as at the time immediately after the time as from which the election has or had effect;
       (b) in the case of an employee to whom section sixty-seven of this Act applies, the sum of—
            (i) the number of units of pension (other than reserve units of pension) for which he was a contributor as at the time immediately before the time as from which the election has or had effect less the number of units of pension in respect of which an election by the employee under section twenty-two b of this Act has effect; and
            (ii) the number of units of pension (other than non-contributory units of pension) in respect of which he is in receipt of a pension under this Act,
     would be less than one-half of his full unit entitlement as at the time immediately after the time as from which the election has