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28.—(1) Where a claimant—
(a)has benefited from an amount of credit to which he was entitled under this Part; and
(b)either—
(i)a payment for the relevant disposal is subsequently received; or
(ii)a payment is, by virtue of regulation 27, treated as attributed to the relevant disposal,
he shall repay to the Commissioners such amount as equals the amount of the credit, or the balance thereof, multiplied by a fraction of which the numerator is the amount so received or attributed, and the denominator is the amount of the outstanding consideration.
(2) Where the claimant—
(a)fails to comply with the requirements of regulation 26; or
(b)in relation to the documents mentioned in that regulation, fails to comply with either—
(i)regulation 16; or
(ii)any obligation arising under paragraph 3 of Schedule 5 to the Act,
he shall repay to the Commissioners the amount of the claim to which the failure to comply relates.
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