# Social Security Administration Act 1992, Paragraph 8: Bank’s administrative costs


(1) A direct deduction order may include provision for the bank to deduct from the liable person’s account an amount specified in, or calculated in accordance with, the order, for the purposes of meeting costs reasonably incurred by the bank in complying with the order.
(2) A bank may deduct the costs to which they are entitled under a direct deduction order immediately prior to making the deduction which is to be paid to the Secretary of State under the order.
(3) In complying with paragraph 6(1) and (3) in relation to a direct deduction order the Secretary of State must take account of any deductions to be made under the order by virtue of sub-paragraph (1).

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Source: https://www.legislation.gov.uk/ukpga/1992/5/schedule/3ZA/paragraph/8 (the official version)
Page: https://openlegislation.uk/social-security-administration-act-1992/schedule-3ZA/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.