12A(1)  This regulation applies where notice is given to a person or persons under subsection (4) of section 29 of the Act (deduction of overpayments from payments of tax credit).

12A(2)  The maximum rate at which an overpayment may be recovered from payments of tax credit is–

(a)where the only amount of tax credit to which the person is, or, in the case of a joint claim, the persons are, entitled, is the family element of child tax credit, 100% of that tax credit;

(b)where the total amount of tax credit to which the person is, or, in the case of a joint claim, the persons are, entitled is not subject to reduction–

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