The Legal Services Act 2007 (Levy) Rules 2010

Arrangements for payment

Making payment

9.  Subject to rule 10, the amount of levy that a leviable body is required to pay to the Board under rule 4 must be paid in full by the leviable body no later than—

(a) 31st March 2010; or

(b) if later, the end of the period of 28 days starting with the date of the notice given to the leviable body in accordance with rule 4(2).

Agreement to delay part of payment

10.—(1) A leviable body may enter into a written agreement with the Board to delay payment of part of the amount of the levy.

(2) No agreement under paragraph (1) may provide for a delay in payment of any amount that exceeds the aggregate of—

(a) 66 per cent. of the amount determined for the leviable body under rule 5 (“amount A”); and

(b) 66 per cent. of the amount determined for the leviable body under rule 6 (“amount B”).

(3) Each agreement must—

(a) specify the percentage of either or both of amount A and amount B which is to be subject to a delay in payment under the agreement;

(b) specify the minimum percentage of amount A, and of amount B, which the leviable body must pay no later than 31st March 2011; and

(c) provide that the leviable body must pay any outstanding balance of either or both amounts no later than 31st March 2012.

(4) Where the percentage of amount A, or of amount B, which is specified under paragraph (3)(a) is 34 per cent. or more, the minimum payment specified under paragraph (3)(b) in relation to that amount must be 33 per cent.

(5) Nothing in this rule affects the liability of the leviable body to pay the remainder of the amount of the levy in accordance with the deadline for payment determined in accordance with rule 9.

Interest payable on late payment

11.  If payment is not made by a leviable body in accordance with the requirements of rules 9 and 10, the Board is entitled to charge interest on any amount unpaid at the rate which is for the time being specified in section 17(1) of the Judgments Act 1838(1) in relation to a judgment debt.

(1)

1838 c. 110. A relevant amendment was made by S.I. 1993/564.