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Regulation 8 Maximum amounts deducted by direct deduction order

Original text. Later amendments are not shown.

(1)

The amount to be deducted under a regular direct deduction orderf1 from a personal account must not exceed—

(a)

where section 22 (4) of the Act (cases of fraud) applies, the percentage of the relevant amountf2 specified in column 2 of Table 1 in Schedule 1 which corresponds to the band in column 1 of that Table within which the relevant amount for that account falls;

(b)

in all other cases, the percentage of the relevant amount specified in column 2 of Table 2 in Schedule 1 which corresponds to the band in column 1 of that Table within which the relevant amount for that account falls.

(2)

Where any amount calculated under paragraph (1) includes a fraction of a penny, it is to be rounded to the nearest whole penny with a result of exactly half a penny being rounded down to the nearest whole penny.

Annotations

Footnotes

f1

See section 17 (4) of the Act for the definition of “regular direct deduction order”.

f2

See section 22 (5) of the Act for the definition of “relevant amount”.