(1) Subject to paragraphs (a) and (b) of section 341(9) of the Act of 2005, where contributions are paid at the wrong rate or amount in respect of an insured person, the Minister may treat them as paid on account of contributions properly payable in respect of such person.

(2) Subject to section 38B of the Act of 2005, where employer’s contributions are paid at the wrong rate by an employer, the Minister may treat them as paid on account of employer's contributions properly payable by such employer.