Regulation 17 Amendment of regulation 47I of the principal Regulations

(1)

Regulation 47I of the principal Regulations (remission of interest on a direct payment Class 1A contribution) shall be amended as follows.

(2)

In the heading the words “direct payment” shall be omitted.

(3)

In paragraph (1)—

(a)

the words “as a result of an official error being made” shall be omitted;

(b)

for the words from “from the first relevant date” to the end there shall be substituted the words “commencing on the first relevant date and ending on the second relevant date in the circumstances specified in paragraph (1A) of this regulation”.

(4)

After paragraph (1) there shall be inserted the following paragraph—

“(1A)

For the purposes of paragraph (1) of this regulation, the circumstances are that the liability, or a greater liability, to pay interest in respect of a Class 1A contribution arises as the result of an official error being made.”

(5)

In paragraph (2)(c) the words “in writing” shall be omitted.