# The Pensions (Northern Ireland) Order 2005, Article 103A: Administration levy: interest for late payment

Status: prospective

(1) Regulations may make provision for interest to be charged at the prescribed rate in the case of late payment of an administration levy.
(2) Interest is payable by or on behalf of the person or persons by or on behalf of whom the levy is payable.
(3) Interest payable by a person by virtue of this Article is a debt due from the person to the Department.
(4) Interest is recoverable by the Department or, if the Department so determines, by the Regulator on the Department's behalf.
(5) Without prejudice to the generality of paragraph (1), regulations under this Article may include provision relating to—
(a) the collection and recovery of interest;
(b) the circumstances in which interest may be waived.

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Source: https://www.legislation.gov.uk/nisi/2005/255/article/103A (the official version)
Page: https://openlegislation.uk/pensions-northern-ireland-order-2005/article-103A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.