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Schedule

Original text. Later amendments are not shown.

SCHEDULE 1

AMOUNT OF COMMISSION ON PURCHASE AND SALE OF STOCK

Regulation 12

Purchases

Amount of ConsiderationRate of Commission

Where the consideration for the transaction—

  1. (a)

    does not exceed £5,000

£12.50 or 0.7% of the consideration,, whichever is greater
(b)

exceeds £5,000

£35 and 0.375% of the amount by which the consideration exceeds £5,000

Sales

Amount of ProceedsRate of Commission

Where the proceeds of the transaction—

  1. (a)

    do not exceed £5,000

0.7% of the proceeds
(b)

exceed £5,000

£35 and 0.375% of the amount by which the proceeds exceed £5,000