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Paragraph 4

Original text. Later amendments are not shown.

Regulation 5 has effect as if—

(a)

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

(b)

in relation to a revenue collection counterparty designated under section 16 of the Act on or after the first payment period start date, there is no requirement for that revenue collection counterparty to determine an interim levy rate in respect of the first quarterly obligation period which commences after its designation.