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Regulation 37 Interpretation

Original text. Later amendments are not shown.

In Schedule 1–

(a)

after the definition of “base rate” insert–

  • ““benefit crystallisation event” shall be construed in accordance with section 216 of the Finance Act 2004;”;

(b)

omit the definitions of “Class A member”, “Class B member” and “Class C member”;

(c)

omit the definition of “continuity conditions”;

(d)

omit the definition of “revenue agreement”;

(e)

omit the definition of “revenue permitted maximum”; and

(f)

in the definition of “unaggregated period” for “regulation 32(6)” substitute “regulation 31(6)”.