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Chapter 2
Payment, other than early payment, to or in respect of participant
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Redemption date
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81. (1) Subject to subsection (2), a participant’s redemption date for the purposes of this Chapter is the date on which the participant reaches pensionable age.
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(2) Where a participant dies without reaching pensionable age, the participant’s redemption date for the purposes of this Chapter is the earlier of the following dates:
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(a) the date on which the death is notified to the Authority;
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(b) the date on which the participant would have reached pensionable age.
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