# The Income Tax (Employments) (Amendment No. 2) Regulations 1995, Regulation 3: Amendments to the principal Regulations


In regulation 42—
(a) in paragraph (2)—
(i) after the word “If” there shall be inserted the words “it appears to the collector that”;
(ii) for the words “the underdeduction” there shall be substituted the words “the failure to deduct the amount which the collector considers should have been but was not deducted ( “the excess amount”)”;
(iii) for the words “the amount of the excess” and “the amount of that excess” there shall be substituted in each case the words “the excess amount”;
(b) in paragraph (3)—
(i) for the words “If the amount” there shall be substituted the words “If it appears to the Board that the amount”;
(ii) for the words “the Board, if they” there shall be substituted the words “and the Board”;
(iii) for the words “may direct that the amount of the excess” there shall be substituted the words “they may direct that the amount which they consider to constitute the excess ( “the excess amount”)”;
(iv) for the words “the amount of that excess” there shall be substituted the words “the excess amount”;
(c) paragraph (5) shall be omitted.

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Source: https://www.legislation.gov.uk/uksi/1995/447/regulation/3 (the official version)
Page: https://openlegislation.uk/income-tax-employments-amendment-no-2-regulations-1995/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.