27Money owing to the Scheme

27 Money owing to the Scheme (1) The Board may recover any amount of money owing to the Scheme by a member, contributor, beneficiary, participating employer or any other person together with interest on that amount in accordance with subsection (2)— (a) if any amount is or becomes payable from the Scheme to that member, contributor, beneficiary, participating employer or other person by the Board deducting it from that amount; or (b) in any other case as a debt in any court of competent jurisdiction. (2) Interest at the rate for the time being fixed under section 2 of the **Penalty Interest Rates Act 1983** is payable on any amount owing to the Scheme calculated from the date on which the amount becomes due until the date on which the amount is paid or otherwise under subsection (1). S. 27A inserted by No. 32/2005 s. 10, amended by No. 36/2019 s. 12.