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Paragraph 15

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 does not satisfy the threshold tests; and

(c)

the company was registered separately with the appropriate Agency;

the holding company shall comply with a proportion 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, such proportion being calculated as provided in paragraph 17(1) below.