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Regulation 4 Payment of instalments

Original text. Later amendments are not shown.

Each specified body shall, in respect of the amount due by the body for a financial year under regulation 3 above, make to the Commission instalment payments—

(a)

of such amounts; and

(b)

at such intervals in that financial year,

as may be agreed between the body and the Commission or, in the case of disagreement, as may be determined by the Secretary of State.