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Paragraph 12

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where—

(a)

paragraph 5(b) above applies;

(b)

in relation to the obligation year the company itself satisfies the threshold tests; and

(c)

the company was registered as part of a group registration;

the following shall apply—

(i)

the holding company shall comply with a proportion, calculated as provided in paragraph 17(1) below, of the requirements of the company’s recovery and recycling obligations for the year in which it ceases to be a member of the group, and

(ii)

the company shall comply with a proportion of its recovery and recycling obligations for that year, such proportion being calculated as provided in paragraph 17(1) below, except that for this purpose G is the number of days in the relevant year during which the company was not a member of the group.