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Paragraph 8

In paragraph 29 of Schedule 36 to FA 2004 (modifications of paragraph 3 of Schedule 29 to FA 2004 for cases where there is enhanced protection) after sub-paragraph (3) insert—

“(4)

Paragraph 3 applies as if in sub-paragraph (8A)(a) for “is one third of” there were substituted “is—

VULSR VUR × ( LS + CAPP )

where VULSR, VUR and LS have the same meaning as in sub-paragraph (1), and CAPP is”.

(5)

Paragraph 3 applies as if in sub-paragraph (8A)(b) for “is one third of the sums, plus one third of” there were substituted “is—

VULSR VUR × ( LS + EP )

where VULSR, VUR and LS have the same meaning as in sub-paragraph (1), and EP is the total of the sums, and”.”