http://www.legislation.gov.uk/id/ukpga/2004/12

SCHEDULES

SCHEDULE 30Registered pension schemes: employer loans

Amount of unauthorised payment

Prevention of double charging

10 (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.