Regulation 8 Maximum amounts deducted by direct deduction order
The amount to be deducted under a regular direct deduction orderf1 from a personal account must not exceed—
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;
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.
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
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See section 17 (4) of the Act for the definition of “regular direct deduction order”.
- f2
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See section 22 (5) of the Act for the definition of “relevant amount”.