Paragraph 5 Set offI1
Scotland Not yet in force
(1)
Without prejudice to the amount of any sum payable by a competent authority to the Scottish Ministers, the amount of any sum payable by the Scottish Ministers under these Regulations or by a competent authority, whether as principal or agent, or by way of a specified payment with in the meaning of the IACS Regulations, may be set-off against the amount of any such sum recoverable by the Scottish Ministers or by a competent authority.
(2)
In this regulation, “competent authority” has the meaning given in regulation 5 of the IACS Regulations.
Annotations
Commencement
- I1
Sch. 4 para. 5 in force at 18.4.2005, see reg. 1(1)