Paragraph 16

Regulation 17 has effect as if—

(a)

in paragraph (1), the words “to a revenue collection counterparty,” appeared after the words “make a relevant payment”;

(b)

in paragraphs (1) and (2), the references to “the revenue collection counterparty” were to “that revenue collection counterparty”;

(c)

in paragraph (5)—

(i)

the words “by a revenue collection counterparty” appeared after the words “may only be issued”; and

(ii)

each reference to “the revenue collection counterparty” were to “that revenue collection counterparty”;

(d)

in paragraph (6)—

(i)

the reference to “the revenue collection counterparty” were a reference to “a revenue collection counterparty”; and

(ii)

the words “to that revenue collection counterparty” appeared after the words “amount specified in the notice”;

(e)

in paragraph (7)—

(i)

the words “to a revenue collection counterparty” appeared after the words “mutualisation payment”; and

(ii)

the reference in that paragraph to “the revenue collection counterparty” were a reference to “that revenue collection counterparty”.