{
  "url": "https://openlegislation.uk/profit-related-pay-shortfall-recovery-regulations-1988/regulation-3",
  "json_url": "https://openlegislation.uk/profit-related-pay-shortfall-recovery-regulations-1988/regulation-3.json",
  "legislation": "uksi/1988/640",
  "legislation_title": "The Profit-Related Pay (Shortfall Recovery) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/profit-related-pay-shortfall-recovery-regulations-1988",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Information",
  "text": "Where the registration of a profit-related pay scheme registered under Chapter I of Part I of the Finance (No. 2) Act 1987 is cancelled, the scheme employer shall, within 60 days of being required by the Board to do so, make a return to the Board in the prescribed form showing whether there is any shortfall in the deductions made in accordance with the Principal Regulations (an amount equal to which is payable by the scheme employer to the Board pursuant to section 11(2) of the Finance (No. 2) Act 1987) and, if so, the total of it, and the sums attributable to each year where more than one.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "The Finance (No. 2) Act 1987, Chapter I of Part I, is re-enacted for 1988/89 and subsequent years as the Income and Corporation Taxes Act 1988 (c. 1), Chapter III of Part V."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/640/regulation/3",
    "retrieved_at": "2026-10-29T16:08:27.793968+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}