Regulation 3 Amendments to the principal Regulations

In regulation 4, the following paragraphs shall be substituted for paragraph (2)—

“(2)

The prescribed percentage is 7.5 per cent. for an accounting period ending after 2nd October 1992 and before 1st January 1994.

(3)

Subject to paragraph (2) above, the prescribed percentage is 12.5 per cent.”.