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Paragraph 3 “Relevant payments” for purposes of this Schedule

Original text. Later amendments are not shown.

(1)

“Relevant payments” means one or more payments of any of the following descriptions—

(a)

owner-occupier payments;

(b)

service charge payments.

(2)

“Owner-occupier payments” has the meaning given in paragraph 4 of Schedule 1.

(3)

“Service charge payments” is to be understood in accordance with paragraphs 7 and 8 of that Schedule.