42. No pension credit may be granted under section 41 for a year or fraction of a year in respect of which a former Member has withdrawn his contributions unless he exercised the right of redemption provided in section 94 or, as the case may be, section 95 of the Legislature Act (chapter L-1).
A former Member who has exercised the right of redemption provided in section 94 or, as the case may be, section 95 of the Legislature Act but has not completed the payment of that redemption on the date of his electing to be subject to this plan, may continue the payment of his redemption in accordance with those sections.