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Parliamentary Contributory Superannuation Regulation 2024
15Limitation on payment of penalty interest
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15 Limitation on payment of penalty interest
15 Limitation on payment of penalty interest
Sections 13 and 14 do not authorise the trustees to pay general interest charged in relation to an additional surcharge amount payable by a post payment surcharge assessment notice received on or after 25 June 2004, unless—
(a) the former member requests payment of the interest, and
(b) the request is made within a reasonable period after the former member receives the notice.