House of Commons – March 12, 2025 – c.1153.3.11

New Clause 45 - Calculation of the required sum “(1) For the purposes of section (Power to give notice of underpayment)(2), the “required sum” is whichever is the greater of the following sums— (a) the sum that was due to the underpaid individual on the relevant day;

(b) in a case where regulations under subsection (2) apply, the sum determined in accordance with the regulations.