(1) Where the Executive has, by virtue of a determination under section 14C(2)(a) in relation to a particular family asset, advanced monies by way of an increase in State support and section 14I(4) applies in respect of a person in relation to that particular family asset, the Executive shall in accordance with section 14D calculate the amount due (in this section referred to as the 'repayable amount') and give notice of that amount and particulars of how it is calculated to the relevant accountable person.

(2)

(a) The repayable amount together with any interest thereon shall be a debt due and payable to the Executive.

(b) The Revenue Commissioners shall act as agent for the Executive in respect of the collection of monies due to the Executive under paragraph (a).

(3) The Executive shall within the relevant period referred to in subsection (4) notify the Revenue Commissioners of -

(a) the repayable amount,

(b) particulars of how that amount is calculated,