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Regulation 10 Winding up

Original text. Later amendments are not shown.

Each old scheme shall cease to have effect on the date when these Regulations come into force:

Provided that—

(a)

the proviso to paragraph (1) of regulation 7 shall apply in relation to this paragraph as it applies in relation to that paragraph; and

(b)

nothing in this paragraph shall affect the operation of paragraph (2) of regulation 7.