Regulation 20 Insufficient funds (regular direct deduction orders)

a bank is unable to take a deduction (the “first deduction”) due to insufficient funds and must read the order as requiring the deduction to be taken on the same day the following week (the “later date”), in accordance with paragraph 9(2)(a) of Schedule 3ZA (insufficient funds),

there are sufficient funds to make the first deduction on the later date, and

the direct deduction order would, but for the insufficient funds in respect of the first deduction, have required the bank to take a further deduction (the “second deduction”) on the later date (or during the same week as the later date).