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Regulation 25AA Payment by deposit-taker to the Secretary of StateF1F3

(1)

Amounts deducted by a deposit-taker at which a regular deduction order or a lump sum deduction order under section 32F of the Act is directed must be paid to the F2Secretary of State within—

(a)

in the case of a regular deduction order, 10 days of the date the regular deduction is due to be made; or

(b)

in the case of a lump sum deduction order under section 32F of the Act, 10 days of the end of the relevant period.

(2)

The payment to the Secretary of State of amounts deducted under that order may be made by—

(a)

cheque;

(b)

automated credit transfer; or

(c)

such other method as the Secretary of State may specify.

(3)

In this regulation “the relevant period” has the same meaning as in section 32G(5) and (6) of the Act.

Annotations

Textual amendments

F1

Pt. 3A inserted (3.8.2009) by Child Support Collection and Enforcement (Deduction Orders) Amendment Regulations 2009 (S.I. 2009/1815), regs. 1(1), 2

F2

Words in reg. 25AA(1)(2) substituted (1.8.2012) by The Public Bodies (Child Maintenance and Enforcement Commission: Abolition and Transfer of Functions) Order 2012 (S.I. 2012/2007), art. 1(2), Sch. para. 111(20)

F3

Words in reg. 25AA(heading) substituted (1.8.2012) by The Public Bodies (Child Maintenance and Enforcement Commission: Abolition and Transfer of Functions) Order 2012 (S.I. 2012/2007), art. 1(2), Sch. para. 111(20)