Part 9Liabilities and payment

Chapter 3Reduction and waiver of liabilities

Requirement to reduce liabilities by tax relief amountsI162

1

This regulation applies where F1, under section 15, 16 or 17 of PSPJOA 2022—

a

a person owes a liability to pay pension contributions in relation to the remediable service as a firefighter of a remedy member, or

b

the scheme manager owes a liability to pay compensation in relation to such service.

2

The scheme manager must reduce the liability by tax relief amounts—

a

determined in accordance with direction 4(5) to (9) of the PSP Directions 2022, and

b

before the liability is netted off in accordance with regulation 61.

3

The following provisions of the PSP Directions 2022 apply where the scheme manager makes a determination in accordance with direction 4(8)—

a

direction 4(10) (provision of explanation);

b

direction 4(11) and (12) (appeals).