The following provisions1 apply where the scheme manager2 has determined that an initial payment3 may be made under the FAS regulations to or in respect of a qualifying member4 of a qualifying pension scheme5, and they so apply whether the determination: (1) has been made; or (2) relates to a period beginning, before or after the passing of the Pensions Act 20076. Subject to any relevant restriction7, the amount of any such initial payment payable to the member is to be: (a) the amount of the member's expected pension multiplied by nine-tenths; less (b) the amount of the member's
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