OpenLegislation

Paragraph 5A F1

United Kingdom

(1)

This paragraph applies where regulations under both paragraph 2 and paragraph 4A above apply—

(a)

as regards the same contract, and

(b)

for the same accrual period.

(2)

Regulations may provide that, as regards any day falling within the period and identified in accordance with prescribed rules, the accrued amount shall be ascertained in accordance with rules prescribed under this paragraph (rather than provisions made under either of those paragraphs).

Annotations

Textual amendments

F1

Sch. 15 para. 5A inserted (3.5.1994) by 1994 c. 9, s. 116(3)

Notes on Schedule 15

Textual amendments

F1

Sch. 15 repealed (24.7.2002 with effect as mentioned in s. 79(3) of the amending Act) by 2002 c. 23, ss. 79(1)(b), 141, Sch. 40 Pt. 3(10) Note 2 (with Sch. 23 paras. 25, 26)