Regulation 12 Rounding of fractionsF1
United Kingdom
Where any calculation under this Part F2or Part V 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
Reg. 12 substituted (11.4.1988) by Family Credit (General) Amendment Regulations 1988 (S.I. 1988/660), reg. 1, 4
- F2
Words in reg. 12 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), 4