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Paragraph 12

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • Sch. 4 para. 5 repealed in part by Finance Act 1997 s. 113 Sch. 18 Pt. 2 Notes 1 2
  • Sch. 4 para. 5(a) amended by Finance Act 1997 s. 13(2)15, Sch. 2, Pt. 2, para. 6
  • Sch. 4 para. 5(c) revoked by Finance Act 1997 s. 113 Sch. 18 Pt. 2 Notes 1 2

So much of any amount which—

(a)

is ordered (whether before or after the relevant date) to be paid by the debtor under the Reserve Forces (Safeguard of Employment) Act 1985F1, and

(b)

is so ordered in respect of a default made by the debtor before that date in the discharge of his obligations under that Act,

as does not exceed such amount as may be specified in an order made by the Department.

Annotations

Textual amendments

F1

1985 c. 17

Notes on Schedule 4

Modifications

C1

Sch. 4 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)