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Version status: Not yet in force | Document consolidation status: No known changes
Version date: 9 July 2024 - 29 September 2025
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84. Payment in the event of death of participant

(1) Where -

(a) a notification under section 82(1)(d) has been given by the Authority, and

(b) before or after the giving of that notification, the death of the participant has been notified to the Authority,

an application may be made to the Authority by the participant's personal representative to withdraw the balance referred to in the notification under section 82(1)(d).

(2) Where a participant's personal representative makes an application to the Authority under subsection (1), the Authority shall promptly pay the balance in the participant's account to the personal representative.

(3) The Authority shall specify, and publish on a website maintained by or on behalf of the Authority, the procedure for applications and payments made in accordance with subsections (1) and (2).