Regulation 7 Removal of the maximum dividend per share
(1)
Regulation 22 (initial level and subsequent variation of dividend caps and interest cap) is amended as follows.
(2)
In the heading, for “dividend caps” substitute “dividend cap”.
(3)
Omit sub-paragraph (1)(a).
(4)
In paragraph (3), omit “share dividend cap,”.
(5)
In paragraph (4)(b), for “(5) to” substitute “(6) and”.
(6)
Omit paragraph (5).