Paragraph 18 I1

England, Wales and Scotland

Regulation 19 has effect as if—

(a)

in paragraph (2)—

(i)

the reference to “the revenue collection counterparty” were to “each revenue collection counterparty”; and

(ii)

the words “in relation to that revenue collection counterparty” appeared after the words “for that day”;

(b)

in paragraph (3), the words “in relation to a revenue collection counterparty” appeared before the words “is determined by”;

(c)

in paragraph (4), the words “determined by that revenue collection counterparty” appeared after the words “interim levy rate”;

(d)

in paragraph (6)—

(i)

the first reference to “the revenue collection counterparty” were to “a revenue collection counterparty” and every other such reference were to “that revenue collection counterparty”;

(ii)

the words “in relation to a revenue collection counterparty” appeared before the words “where, after”;

(iii)

in subparagraphs (a) and (b), the words “in relation to that revenue collection counterparty” appeared after the words “collateral requirement”; and

(e)

in paragraph (8), the first reference to “the revenue collection counterparty” were to “a revenue collection counterparty” and the subsequent reference were to “that revenue collection counterparty”.

Annotations

Commencement

I1: Sch. para. 18 in force at 23.3.2023, see reg. 1(2)