(1) This Regulation applies to payments of emoluments made to or on behalf of an employee after he or she has ceased to be employed by the person making the payments.

(2) On making any payment referred to in paragraph (1), an employer shall deduct -

(a) in the case of an employee whose employment has ceased and in respect of whom a revenue payroll notification has been sent to or made available to the employer, by reference to the amount of the employee's tax credits and standard rate cut-off point, the amount of tax which would have been deductible therefrom if the employee was still employed by the employer and Regulation 11 had applied, or

(b) in any other case by reference to the higher rate of tax applicable on the date the emoluments are paid.