Regulation 32 Abatement of discretionary annual compensation following termination or redundancy paymentI1

England and Wales

(1)

The annual compensation under regulation 19 is to be reduced by the amount of the termination or redundancy payment if—

(a)

lump sum compensation was paid under regulation 20 before a termination payment or a redundancy payment became payable; and—

(b)

either—

(i)

the termination payment, if paid before the lump sum compensation became payable, would have resulted in the lump sum compensation being reduced or not paid under regulation 28; or

(ii)

the redundancy payment, if paid before the lump sum compensation became payable, would have resulted in the lump sum compensation being reduced or not paid under regulation 27.

(2)

The reduction under paragraph (1) in annual compensation payable under regulation 19 is a reduction in the total amount payable, and accordingly payment is to be suspended until the full reduction has been achieved.

Annotations

Commencement

I1: Reg. 32 in force at 1.4.2015, see reg. 1