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Paragraph 3 Determination of aggregate non-core spending obligation

Original text. Later amendments are not shown.

The overall spending target is—

(a)

£250 million for scheme year 1; and

(b)

subject to any adjustments under paragraphs 4 to 6, £275 million for scheme year 2;

(c)

subject to any adjustments under paragraphs 4 to 9—

(i)

£300 million for scheme year 3; and

(ii)

£310 million for scheme year 4.