Regulation 2

Subject to paragraphs (2), (3) and (4), all contributions to the Fund payable by an employer under section 7(1) of the Act must be paid to the Board not later than 14 days after the end of the month in respect of which the contributions are payable.

The Board may, in the case of any employer or class or classes of employers, authorise the time for payment to be extended by not more than 7 days.

Despite paragraph (1), where paragraph 4(1) of the First Schedule to the Act applies, the employer must pay to the Fund the difference mentioned in that paragraph not later than 14 days after the end of the month in which the computation or recomputation mentioned in that paragraph is required to be done.

Where the Board has authorised the withdrawal of the sum of money standing to the credit of a member in the Fund under section 15(2)(a) or (b) or (3) of the Act or a former provision or section 15AA(1) of the Act or a former provision, the Board may require any contributions due in respect of that member to be paid to the Fund by such earlier date as the Board may direct.

In paragraph (4) —