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Regulation 3 Calculation of interest on investment depositsI1

United Kingdom

(1)

Regulation 42 of the 1972 Regulations is amended as follows.

(2)

In paragraph (2)(b)f1 for “an individual savings account” substitute “any other investment account”.

(3)

Omit paragraph (2)(c).

(4)

In paragraph (3)(b)f2 of the 1972 Regulations for “regulation” substitute “regulations 21,”.

Annotations

Commencement

I1

Reg. 3 in force at 19.5.2008, see reg. 1(2)

Footnotes

f1

Regulation 42(2) was substituted by S.I. 1999/588 and amended by 1999/1611.

f2

Regulation 42(3) was amended by S.I. 1996/1724 and 1999/588.