CALCULATION AND PAYMENT OF GOVERNMENT BONUSES

Related Commentary  

15(1)  The individual for whom a Help-to-Save account is opened is the person entitled to bonus in respect of the account.

15(2)  Treasury regulations must make provision for the calculation of the amount of bonus to which an individual is entitled in respect of a Help-to-Save account.

15(3)  The regulations may (in particular) make provision–

(a)for a single amount of bonus for the whole of the maturity period for a Help-to-Save account, or for different amounts of bonus for different parts of that period;

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