(1) Subject to regulation 5 of these Regulations, regulation B5A of the Police Pensions Regulations 1987 (early payment of deferred pension) is amended as follows.
(2) For paragraph (1) substitute—
(1) Subject to paragraphs (2) and (3), a regular policeman who—
(a) has attained the age of 55 years;
(b) receives a compensation lump sum on voluntary retirement in accordance with a determination of the Secretary of State made under regulation 14A of the Police Regulations 2003 ; and
(b) is entitled to a deferred pension in accordance with regulation B5(4), payable upon his attaining the age of 60,
may elect for immediate payment of that pension.
(3) In paragraph (4), omit sub-paragraph (a).