[101AI Rights under section 101AB: further provisions]
Pension Schemes Act 1993 (1993 c 48) | Legislation

[101AI  Rights under section 101AB: further provisions]

[(1)     A member of an occupational pension scheme loses any right acquired by him under section 101AB—

(a)     if the scheme is wound up, or

(b)     subject to subsection (2), if he fails to exercise the right on or before the reply date.

(2)     If the member has failed to exercise any such right on or before the reply date, the trustees or managers of the scheme may allow him to exercise it on or before such later date as they may determine on the application of the member.

(3)     Where the trustees or managers determine a later date under subsection (2)—

(a)     they must give a notice in writing to that effect to the member, and

(b)     subsection (1)(b) applies in relation to the member as if the reference to the reply date were a reference to the later date.

(4)     For the purposes of subsection (3) and sections 101AC(2) and 101AD(2), a document or notice may be given to a person—

(a)     by delivering it to him,

(b)     by leaving it at his proper address, or

(c)     by sending it by post to him at that address.

(5)

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