Regulation 18 I1
(1)
A payment in lieu of training that has become due but is unpaid—
(a)
is a debt to the Maritime Training Trust, and
(b)
carries interest at an annual rate equivalent to base rate plus two per cent per annum.
(2)
The costs or expenses of any legal or other proceedings for recovering the debt or interest shall be recoverable, and carry interest, in the same way as the debt.
Annotations
Commencement
- I1
Reg. 18 in force at 31.8.2000, see reg. 1