Regulation 30 Amendment of regulation 36

(1)

Regulation 36 (interest and administration charges: late paid contributions) is amended as follows.

(2)

In sub-paragraph (a) of paragraph (1)—

(a)

after “contributions”, insert “and the scheme administration charge”;

(b)

after “35,”, insert “36A,”.

(3)

In paragraph (2), after “contributions” (three times) insert “or, as the case may be, the scheme administration charge”.

(4)

For paragraph (3), substitute—

“(3)
Where there is a chargeable event, the employing authority is liable to pay—

(a)
standard rate interest on the amount of unpaid contributions constituting that event or the amount of unpaid scheme administration charge constituting that event; or

(b)
both interest and the charge referred to in (a); and

(c)
a supplementary charge in respect of each such event.”.

(5)

In paragraph (4)—

(a)

in sub-paragraph (b), after “contributions” insert “or, as the case may be, the scheme administration charge”;

(b)

in sub-paragraph (d), for “administration charge” substitute “supplementary charge”;

(c)

in sub-paragraph (e), for “administration charges” substitute “supplementary charges”.

(6)

In paragraph (5), for “administration charge” substitute “supplementary charge”.

(7)

In paragraph (6), for “administration charges” substitute “supplementary charges”.

(8)

In paragraph (8), for “administration charge” substitute “supplementary charge”.