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Regulation 20 Interest on contributions repaid

Original text. Later amendments are not shown.

Where contributions are repaid under regulations 17, 18 or 19, compound interest shall be added thereto at the rate of three per centum per annum with yearly rests and shall be calculated in the case of each contribution from the 1st January in the year following the year in which that contribution was paid to the end of the period of contributory service.