- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
34.—(1) Subject to paragraph (2), the discount recovery rules must set out the claim windows, by specifying the first and last day of each claim window, such that—
(a)the first claim window ends not more than 15 days after the scheme introduction date;
(b)each other claim window starts on the day after the previous claim window ends;
(c)the last claim window starts not less than 24 months after the scheme period ends (but this is without prejudice to the determination by the Secretary of State of the reconciliation run-off date);
(d)two claim windows start in each calendar month (except the month in which the first claim window starts, if it starts after the 10th day of that month).
(2) The discount recovery rules may provide, in respect of claim windows starting after the end of the scheme period, that—
(a)the Secretary of State may decide that only one such claim window is to start in each calendar month;
(b)the dates of such windows, instead of being set out in the rules, are to be determined and published by the Secretary of State at intervals decided by the Secretary of State.
(3) The dates of claim windows determined under paragraph (2)(b)—
(a)must be consistent with the requirements in paragraph (1)(b), (c) and (d), subject to paragraph 2(a);
(b)must be published at least 3 months in advance of each such claim window.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: