Regulation 11 Transitional and saving provision

(1)

Where a payment year begins before 1st April 2027, regulations 10(1)(k) and 28 of the 2021 Regulations continue to have effect for that payment year as if they had not been amended by these Regulations.

(2)

Where—

(a)

regulation 28 of the 2021 Regulations applies in relation to a payment year to which paragraph (1) applies, and

(b)

regulation 28 as amended by these Regulations applies in relation to a scheme year beginning on 1st April 2027 (“2027 scheme year”),

the sum calculated in accordance with regulation 28(2)(a) for the 2027 scheme year must be reduced by the sum of the periodic support payments calculated in respect of the period covered by both the payment year and the 2027 scheme year.

(3)

For the purposes of regulation 10(1)(k) of the 2021 Regulations, as it applies in relation to a payment year beginning before 1st April 2027, the Authority may require a participant to submit an annual report in accordance with regulation 13 of the 2021 Regulations as it had effect immediately before regulation 8 of these Regulations came into force.

(4)

For the purposes of this regulation—

“payment year” has the meaning given in regulation 28(5) of the 2021 Regulations;
“scheme year” has the meaning given in regulation 2 of the 2021 Regulations.