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Regulation 62 Revision of amount of the deposit

Original text. Later amendments are not shown.

(1)

The deposit management organisation may revise the amount of the deposit in respect of any deposit items.

(2)

The deposit management organisation must publish a notice, in a manner it considers appropriate, which specifies—

(a)

the revised amount of the deposit in respect of the relevant deposit items, and

(b)

the date on which the revised amount of the deposit takes effect.

(3)

The date specified under paragraph (2)(b) must be at least 3 calendar months after the day on which the relevant notice is published.