Manner of payment of contribution

(1) Except as provided in this Regulation, the prescribed amount of total contribution payable in respect of an employed person shall be paid by means of – (a) insurance stamps of the proper value affixed on a contribution card; or (b) direct payment. (2) For the purpose of paragraph (1), “direct payment” means payment of the contribution in cash at the prescribed time and in such manner and under such arrangements as the Board may direct or authorise in accordance with these Regulations. (3) In relation to any employer or employed person or to any group or class of employers or employed persons the Board shall determine whether the total contribution shall be paid by means of insurance stamps or by direct payment. (4) Where an employer required to pay contribution by means of insurance stamps requests the Board to pay contribution by other means, the Board may authorise a special arrangement for the payment of contribution subject to such conditions as it may consider necessary to impose, Social Security 23 including the payment of a specified fee which in the opinion of the Board, represents the greater expense in administration, if any, involved by such arrangement. (5) An employer required to pay contribution by means of an insurance stamp shall, immediately after affixing the stamp to a contribution card, cancel the stamp by writing in ink or stamping with a metallic die with black indelible ink across the face of the stamp, and not otherwise, the date upon which it is affixed, but save as expressly provided in these or any other Regulations under the Act or as specially authorised by the Board, no other writing or mark and no perforation shall at any time be made on or in, affixed to, or impressed on, a stamp.