Retirement Savings Accounts Regulations 1997
(subregulation 1.07(2) )
PAYMENT LIMITS FOR PENSIONS WITH A COMMENCEMENT DAY ON OR AFTER 1 JANUARY 2006
SECTION 3. 3.For a calculation of the maximum or minimum limit in the year in which the commencement day of the pension occurs if that day is a day other than 1 July, the appropriate value set out in Column 3 or Column 4 of Table 1 or Table 2, as the case requires, in this Schedule must be applied proportionally to the number of days in the financial year that include and follow the commencement day.
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