# The Social Security (Contributions) Regulations 2001, Paragraph 29T: Outcome of application under paragraph 29S


(1) If an application under paragraph 29S(1) is successful, the officer must inform PGS of the reduced value of security that is still required or, where that value is nil, that the requirement for security has been cancelled.
(2) HMRC may make such arrangements as they think fit to ensure the necessary reduction in the value of security held.

---
Source: https://www.legislation.gov.uk/uksi/2001/1004/schedule/4/paragraph/29T (the official version)
Page: https://openlegislation.uk/social-security-contributions-regulations-2001/schedule-4/paragraph-29T
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.