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Regulation 2 Anticipation of precepts

Original text. Later amendments are not shown.

(1)

In regulation 2(2) of the principal Regulations after the words “preceding financial years” there shall be inserted the words—

  • “increased or decreased in proportion to the difference between the retail prices index for September of the financial year preceding that in respect of which the calculations are made (“the prior year”) and the retail prices index for September of the year preceding the prior year”.

(2)

In regulation 2 of the principal Regulations there shall be added the following—

“(4)

References in paragraph (2) above to the retail prices index are references to the general index of retail prices (for all items) published by the Department of Employment or, if that index is not published for any month, to any substituted index or index figures published by that Department.”