The Occupational Pension Schemes (Additional Voluntary Contributions) Regulations 1987

Recovery of amounts by assessment

11.—(1) Section 30 of the Taxes Management Act 1970(1) (recovery of overpayment of tax, etc) shall apply in relation to the payment by the Board of an amount —

(a) paid under these Regulations to which a scheme administrator was not entitled, or

(b) recoverable from a scheme administrator under regulation 7(5), regulation 8(4) or (6) or regulation 10,

as if it had been income tax repaid to the scheme administrator to which he was not entitled.

(2) An assessment made by virtue of this regulation shall be made by the Board and, subject to the provisions of these Regulations, the Taxes Management Act 1970 shall apply as if the assessment were an assessment to tax for the year of assessment in respect of which the amount was paid or is recoverable.

(1)

Section 30 was substituted by the Finance Act 1982 (c. 39), section 149(1).