Paragraph 1 I1

England, Wales and Scotland

Regulation 2 has effect as if—

(a)

every reference to “the revenue collection counterparty”, except the reference in the definition of “letter of credit” in paragraph (1), were to “a revenue collection counterparty”; and

(b)

in paragraph (1), the words “to whom it is provided,” appeared after the words “the revenue collection counterparty” in the definition of “letter of credit”.

Annotations

Commencement

I1: Sch. para. 1 in force at 23.3.2023, see reg. 1(2)