Regulation 31 Amendment of Regulation 28B of Schedule 1

(1)

Regulation 28B^f1 of Schedule 1 (payment of interest on repaid earnings-related contributions, Class 1A contributions or Class 1B contributions) shall be amended as follows.

(2)

In the heading for the words “earnings-related contributions, Class 1A contributions or” there shall be substituted the words “earnings-related contributions or”.

(3)

In paragraph (1) the words “or a Class 1A contribution” shall be omitted.

(4)

In paragraph (2)(a) the words “or a Class 1A contribution” shall be omitted.

(5)

In paragraph (3) for the words “an earnings-related contribution, a Class 1A contribution or” there shall be substituted the words “an earnings-related contribution or”.

(6)

In paragraph (4)—

(a)

in sub-paragraph (a)—

(i)

immediately following paragraph (i) there shall be inserted the word “or”;

(ii)

paragraph (ii) and the word “or” immediately following it shall be omitted;

(b)

in sub-paragraph (b) for the words “the earnings-related contribution, Class 1A contribution or” there shall be substituted the words “the earnings-related contribution or”.

Annotations

Footnotes

f1: Regulation 28B was substituted by S.R. 1999 No. 117, regulation 10(8).