1.1.O.20 Overpayments
Definition
An overpayment arises where a payee (1.1.P.30) receives a payment to which they are not entitled. This includes where the amount payable under the relevant liability has been retrospectively changed.
A payee is taken to have received a payment if a debt they owe to the payer (1.1.P.40) has been offset against a liability that the payer owes to them.