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Regulation 23 Deposits

Original text. Later amendments are not shown.

(1)

A registered scheme producer must pay to the deposit management organisation an amount equivalent to the deposit for each deposit item which the scheme producer supplies to any person.

(2)

The registered scheme producer must pay any amount under paragraph (1)—

(a)

by such date, or at such intervals, as may be directed by the deposit management organisation;

(b)

by such means as may be directed by the deposit management organisation.