Regulation 120 Period over which periodical payments are to be taken into accountI1
Northern Ireland Not yet in force
The period over which a periodical payment is to be taken into account shall be—
in a case where the payment is made at regular intervals, a period equal to the length of that interval;
in a case where the payment is due to be made at regular intervals but is not so made, such number of weeks as is equal to the number obtained (and any fraction shall be treated as a corresponding fraction of a week) by dividing the amount of that payment by the weekly amount of that periodical payment as calculated in accordance with regulation 122(4) (calculation of the weekly amount of a liable relative payment);
in any other case, a period equal to a week.
The period under paragraph (1) shall begin on and include the date on which the payment is treated as paid under regulation 123 (date on which a liable relative payment is to be treated as paid).
Annotations
Commencement
- I1
Reg. 120 in operation at 7.10.1996, see reg. 1(1)