Article 19 Amendment of article 21 (payments)

(1)

Article 21 is amended as follows—

(2)

In article 21(7)—

(a)

for Step 4, substitute—

“Step 4

Multiply the shortfall amount by the buy-out price (which is £0.30). The amount given by this step is the sum which the supplier is to pay to the Administrator under paragraph (6).”;

(b)

omit Steps 5 and 6.

(3)

In article 21(8), for “5th November in the same year” substitute “10th January in the following year”.

(4)

In article 21(10) and (11), for “6th November” substitute “11th January”.