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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order brings into force on 9th January 2001 a variation to the Public Lending Right Scheme 1982 made by the Secretary of State on 15th December 2000.

The effect of the variation is to increase from 2.18p to 2.49p the rate per loan as set out in article 46, paragraph (1)(a) of the Scheme. The rate per loan is the sum attributable to each qualifying loan for the purpose of calculating the amount payable in respect of loans of a particular book.