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Paragraph 7

Original text. Later amendments are not shown.

In the case of a common investment fund to which paragraph 3 applies, the analysis required by paragraph 6 must distinguish between—

(a)

the amount of capital and income to be shared between charities participating otherwise than by way of deposit; and

(b)

amount of capital and income that is required in respect of the liabilities of the investment fund for the repayment of deposits and for interest on deposits (including amounts required by way of reserve).