Paragraph 9 I1

England, Wales and Scotland

Regulation 10 has effect as if—

(a)

in paragraph (1), the first reference to “the revenue collection counterparty” were to “a revenue collection counterparty” and the second reference were to “that revenue collection counterparty;

(b)

in paragraph (2)—

(i)

the words “to a revenue collection counterparty” appeared after the words “reserve payment”; and

(ii)

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

(c)

in paragraph (3)—

(i)

the words “in relation to a revenue collection counterparty” appeared after the words “in respect of the relevant period”; and

(ii)

the words “determined by that revenue collection counterparty” appeared after the words “total reserve amount for that period”.

Annotations

Commencement

I1: Sch. para. 9 in force at 23.3.2023, see reg. 1(2)