Progressive reduction in refunds payable during period before revocation
4.—(1) The total amount of the payments made to a trade union by the Certification Officer under regulations 14 to 18 of the 1984 Regulations in respect of the expenditure incurred on a ballot shall be reduced—
(a)by a quarter, if the date of the ballot falls after 31st March 1993 but before 1st April 1994;
(b)by a half, if the date of the ballot falls after 31st March 1994 but before 1st April 1995; and
(c)by three-quarters, if the date of the ballot falls after 31st March 1995.
(2) Paragraph (1) shall apply in relation to payments made in respect of arrangements to hold a ballot which is not proceeded with as if, for the words “the date of the ballot”, there were substituted the words “the date which would have been the date of the ballot, had the ballot been held,”.