PART 8Liabilities and payment
CHAPTER 3Reduction and waiver of liabilities
Power to reduce or waive amounts owed by a person to the scheme manager I174
1
The scheme manager may reduce or waive an amount owed by a person to the scheme under
a
section 14, 15, 16 or 17 (“the corrections provisions”) of PSPJOA 2022, or
b
these Regulations.
2
When reducing or waiving an amount under paragraph (1), the scheme manager must comply with the requirements set out in direction 4(1)(a) to (c) of the PSPJOA Directions 2022 (and the reference in direction 4(1)(c) to “any scheme regulations made by virtue of section 26(1)(b) of PSPJOA 2022” is to be read as a reference to regulation 77.