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Paragraph 24

Original text. Later amendments are not shown.

Regulation 25 has effect as if—

(a)

the first reference to “the CFD counterparty” in paragraphs (2), (3), (4), (5) and (7) is to “a CFD counterparty” and every other reference in that regulation to “the CFD counterparty” is to “that CFD counterparty; and

(b)

the words “to a CFD counterparty” appeared after the words “makes a payment” in paragraph (6).