Regulation 8

Where the contributions payable by a self‑employed person for any relevant year recomputed in accordance with regulation 6, 7(6) or 7A(5) exceed the contributions already paid by him or her for that year, the self‑employed person must make such amount of additional contributions as is equivalent to the difference to the Fund.

The self‑employed person must contribute the amount of the difference mentioned in paragraph (1) within 30 days or such other extended time as the Board may allow after the date of issue of the notice of computation, notice of contribution or contributions notice, as the case may be.

Any additional contributions mentioned in paragraph (1) may be paid in instalments so long as the total amount of such contributions is paid within the relevant period mentioned in paragraph (2).