# The Education (Mandatory Awards) (Amendment) Regulations 2001, Regulation 5


For paragraph 14(3) of Schedule 2, substitute the following paragraph:
“(3) With reference to the calculation set out in paragraph 13, where the amount (Y − Z) exceeds X, the amount payable under sub-paragraph (2) shall be reduced by the amount of that excess.”.

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Source: https://www.legislation.gov.uk/uksi/2001/2613/regulation/5 (the official version)
Page: https://openlegislation.uk/education-mandatory-awards-amendment-regulations-2001/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.