OpenLegislation

Regulation 10

Original text. Later amendments are not shown.

For regulation 36(3) there shall be substituted—

“(3)

Where—

(a)

a person has benefited from an amount of credit to which he was entitled under this Part; and

(b)

the whole or a part of the qualifying contribution in respect of which the entitlement to credit arose has been repaid to him or a person who was a contributing third party in relation to the qualifying contribution,

  • he shall pay to the Commissioners an amount equal to 90 per cent. of the amount repaid to him or, as the case may require, to the contributing third party.”.