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Article 2 ApportionmentI1

United Kingdom

The following percentages are prescribed for the purposes of section 17(1) of the Dormant Bank and Building Society Accounts Act 2008 (apportionment of F1dormant assets money) —

(a)

83.9 per cent for meeting expenditure in relation to England,

(b)

4.9 per cent for meeting expenditure in relation to Wales,

(c)

8.4 per cent for meeting expenditure in relation to Scotland,

(d)

2.8 per cent for meeting expenditure in relation to Northern Ireland.

Annotations

Textual amendments

F1

Words in art. 2 substituted (6.6.2022) by Dormant Assets Act 2022 (c. 5), s. 34(3), Sch. 1 para. 18; S.I. 2022/582, reg. 2

Commencement

I1

Art. 2 in force at 20.7.2022 in accordance with art. 1