PART IVADMINISTRATION

CHAPTER IIIPAYMENT OF BENEFITS ETC.

Interest on late payment of certain benefits94

1

Where all or part of a pension or lump sum payment due under these Regulations or the 1995 regulations is not paid within the relevant period after the due date, the appropriate administering authority must pay interest on the unpaid amount to the person to whom it is payable—

a

in the case of a pension from one year after the due date, and

b

otherwise, from one month after the due date.

2

In the case of a pension the due date is one month after the amount becomes payable.

3

In the case of a death grant, the due date is the date on which—

a

probate or letters of administration are produced to the administering authority, or

b

the authority become satisfied that the grant may be paid as provided in regulation 95.