Paragraph 11 Supplemental provisions about interest

(1)

Interest under any of paragraphs 5 to 9 above shall be paid without any deduction of income tax.

(2)

Sub-paragraph (3) below applies where—

(a)

an amount carries interest under any of paragraphs 5 to 9 above (or would do so apart from that sub-paragraph); and

(b)

all or part of the amount turns out not to be due.

(3)

In such a case—

(a)

the amount or part that turns out not to be due shall not carry interest under the applicable paragraph and shall be treated as never having done so; and

(b)

all such adjustments as are reasonable shall be made, including (subject to section 32 of, and Schedule 8 to, this Act) adjustments by way of repayment.