Paragraph 2

The schedule of instalments shall be determined so as to require the first instalment to be paid or transferred to relevant principal authorities within 4 weeks of the start of the financial year and of the final instalment to be so paid or transferred within 8 weeks of the end of the financial year.

There shall be an equal number of days between each instalment in a financial year.

For the purpose of the computation of days under sub-paragraph (2) a day which is a Saturday, Sunday, or bank holiday shall be excluded.