Interest on late payment of certain benefits39

In regulation 93–

a

in paragraph (1)–

i

for “on the due date” substitute “by the end of the relevant period after the due date”;

ii

after “payable” insert “calculated from the due date as provided in regulation 81(2).”;

iii

omit sub-paragraphs (a) and (b);

b

as a new paragraph (1A) insert–

1A

The relevant period–

a

in the case of a pension is one year;

b

in the case of a payment made under regulation 37(1), is the period ending one month after the date on which the administering authority receives notification of the member’s death; and

c

otherwise is one month.

c

in paragraph (2) for “one month after the amount” substitute “the date on which it”; and

d

in paragraph (4) for sub-paragraphs (a) and (b) substitute “the member dies.”.