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Regulation 5 Requirements to be specified in claim for provisional repayment

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

An insurance company claiming a provisional repayment for a provisional repayment period falling within any accounting period ending after the opening transitional date and before the closing transitional date shall specify in the claim—

(a)

the maximum amount to which it could have been entitled by way of provisional repayment for that provisional repayment period apart from these Regulations;

(b)

the maximum reduced entitlement for that provisional repayment period; and

(c)

the amount of the provisional repayment claimed for that provisional repayment period.