Clause 3

Subject to subsections (2) and (3), where the Board is satisfied that the amount of contributions paid for the year on additional wages exceeds the amount of contributions payable on such additional wages after recomputation in accordance with the Schedule, the Board may refund the excess contributions, together with any interest payable in respect of the excess contributions under section 6(4), in such manner as the Minister may by regulations prescribe.(2) If any amount is due to the Fund from any person to whom refund of any excess contributions and interest thereon would otherwise be made, the Board may retain the whole or any part of the excess contributions and interest and set them off against such amount as is due.(3) The Board may require any person who claims to be entitled to any refund under this section or to have paid any excess contributions to the Fund to furnish such information to the Board as may be necessary.”.