[F114BClass 3A contributions: repaymentN.I.
(1)The Treasury may by regulations provide for a Class 3A contribution to be repaid in specified circumstances.
(2)Regulations under subsection (1) may, in particular, make provision about applications for repayments and other procedural matters.
(3)A person is to be treated as never having had a unit of additional pension if the Class 3A contribution paid in respect of it is repaid.
(4)Regulations under subsection (1) may provide for benefits paid to a person because of the unit of additional pension to be recovered by deducting them from the repayment.]
Textual Amendments
F1Ss. 14A-14C and cross-heading inserted (1.10.2014 for specified purposes, 12.10.2015 in so far as not already in force) by Pensions Act 2014 (c. 19), s. 56(1), Sch. 15 para. 17; S.I. 2014/2377, art. 2(1)(a)(ii)(3)(d)(iii); S.I. 2015/1670, art. 2(b)