602. Postponement of compensation entitlement for the assessment period.

602.     Postponement of compensation entitlement for the assessment period.

Regulations1 may provide that, where the Board of the Pension Protection Fund2 assumes responsibility for an eligible scheme3, the entitlement of any member4 of the scheme to compensation5 is, in such circumstances as may be prescribed6, postponed for the whole or any part of the assessment period7 for which he continued in employment after attaining normal pension age8. Such regulations may provide that the postponement is on such terms and conditions (including those relating to increments) as may be