SCHEDULES

SCHEDULE 30Registered pension schemes: employer loans

Amount of unauthorised payment

Prevention of double charging

I110

1

This paragraph applies if on any date there is an unauthorised payment under more than one of paragraphs 6 to 9.

2

There is a single unauthorised payment.

3

The amount of the unauthorised payment is an amount equal to the amount of the greater or greatest of the unauthorised payments under those paragraphs.