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Paragraph 12 I1I2

The Adjusted Final Transfer Amount must be equal in value to—

(a)

the value of the Estimated Final Transfer Amount Portfolio as at the Final Transfer Date, plus

(b)

any excess amount of the Final Transfer Amount over the Estimated Final Transfer Amount as at the Effective Date, as adjusted in accordance with paragraph 14.

Annotations

Commencement

I1

Sch. 6 para. 12 not in force at made date, see art. 1(2)

I2

Sch. 6 para. 12 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(b)