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Regulation 92 Retention and payment out of moneys by the Board

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Upon receipt of moneys paid to it under this Part of these Regulations, the Board shall retain–

(a)

subject to regulation 103, any sum paid under an order or agreement for costs made in the assisted person’s favour in respect of the period covered by his certificate;

(b)

a sum equal to the amount (if any) by which any property recovered or preserved is charged for the benefit of the Board by virtue of section 16(6) of the Act; and

(c)

any costs of proceedings taken by the Board under regulation 91(1);

and shall pay the balance to the assisted person.