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Article 10 Determination of revised amount of the deposit

Original text. Later amendments are not shown.

(1)

The scheme administrator may determine a revised amount of the deposit in respect of any scheme articles.

(2)

The scheme administrator must publish a notice, in such manner as it considers appropriate, which specifies—

(a)

the revised amount of the deposit in respect of the scheme articles, and

(b)

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

(3)

The date specified for the purposes of paragraph (2)(b) must not be before the end of the period of three calendar months beginning with the date on which the relevant notice is published.