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Paragraph 2 Meaning of “the initial overall spending target”

Original text. Later amendments are not shown.

For the purposes of this Schedule “the initial overall spending target” is—

(a)

£474 million for scheme year 12;

(b)

£494 million for scheme year 13;

(c)

£501 million for scheme year 14;

(d)

£511 million for scheme year 15.