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Paragraph 15 Condition relating to leaving the scheme

Original text. Later amendments are not shown.

The scheme must provide that, where—

(a)

a scheme member intends to leave the scheme and join another landlord redress scheme, including in connection with a closure event, and

(b)

there are three or more landlord redress schemes operating (including the scheme to which the member currently belongs),

the member must give a notice in writing to the scheme administrator stating which scheme the member is intending to join.