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Regulation 14 Determination and notification of aggregate non-core spending obligation

Original text. Later amendments are not shown.

(1)

The Secretary of State must determine and notify the Authority of the aggregate non-core spending obligation—

(a)

for scheme year 12, on or before the 7th day after the commencement day;

(b)

for scheme years 13, 14 and 15, by 14th February preceding the start of the scheme year.

(2)

Schedule 1 makes provision for the determination of the aggregate non-core spending obligation.