{
  "url": "https://openlegislation.uk/firefighters-pensions-remediable-service-regulations-northern-ireland-2023/regulation-60",
  "json_url": "https://openlegislation.uk/firefighters-pensions-remediable-service-regulations-northern-ireland-2023/regulation-60.json",
  "legislation": "nisr/2023/133",
  "legislation_title": "The Firefighters’ Pensions (Remediable Service) Regulations (Northern Ireland) 2023",
  "legislation_url": "https://openlegislation.uk/firefighters-pensions-remediable-service-regulations-northern-ireland-2023",
  "path": "regulation/60",
  "kind": "regulation",
  "number": "60",
  "heading": "Netting off",
  "text": "(1) This regulation applies where—\n(a) relevant amounts owed by and to a person (“P”) fall to be paid at the same time or similar times, and\n(b) the scheme manager has—\n(i) determined the interest (if any) that is to be paid in the relevant amounts in accordance with regulation 57, and\n(ii) reduced the relevant amounts by tax relief amounts in accordance with regulation 61.\n(2) The scheme manager may determine, in accordance with direction 19(2) to (5) of the PSP(NI) Directions 2023, that the relevant amounts (and any interest on them) must be aggregated and that the difference must be paid by P to the scheme or (as the case may be) by the scheme to P.\n(3) The following provisions of the PSP(NI) Directions 2023 apply to a determination under paragraph (2) as if it were a determination under direction 19(1) of those Directions—\n(a) direction 19(6) (provision of explanation) ;\n(b) direction 19(7) and (8) (appeals).",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 60(3)(a) substituted (9.1.2025 with effect from 1.10.2023) by The Firefighters’ Pension Schemes and Compensation Scheme (Amendment) (No. 2) Regulations (Northern Ireland) 2024 (S.R. 2024/218), regs. 1(1)(4), 6(8)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 60 in operation at 1.10.2023, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2023/133/regulation/60",
    "retrieved_at": "2026-10-29T00:31:03.724942+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}