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Regulation 33 Improvement-specific instalments – exceptions to fixed amount

Original text. Later amendments are not shown.

The energy plan must not provide for the amount of improvement-specific instalments to increase during the payment period, except—

(a)

where the plan applies to a non-domestic property and the increase is due to a change in the rate of interest charged under the plan; or

(b)

where the rate of interest charged is fixed for the payment period and the increase does not exceed 2 per cent per year (including any component of the instalment that represents interest).