4. In paragraphs 1 and 3 the words “premiums actually paid”, in their application to a policy in respect of which under the prescribed scheme (as defined by Article 29(3)) or an approved scheme (as so defined) payment of any premium due has been discharged by payment of[F1 87½ per cent.] of that premium, shall include premiums in respect of which such payment has been made.N.I.
F1SR 1989/75, 76