Regulation 14 Rounding of fractionsI1
England, Wales and Scotland
Where any calculation under this Part F1or Part VI results in a fraction of a penny that fraction shall, if it would be to the claimant’s advantage, be treated as a penny, otherwise it shall be disregarded.
Annotations
Textual amendments
- F1
Words in reg. 14 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Tax Credits Schemes (Miscellaneous Amendments) Regulations 1999 (S.I. 1999/2487), regs. 1(1), 15