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Regulation 15 Priority as between lump sum direct deduction orders and third party debt orders

Original text. Later amendments are not shown.

Where a bank would, but for this paragraph, be obliged to comply with a lump sum direct deduction order and one or more third party debt orders, it must not make payment pursuant to the direct deduction order before—

(a)

payment is made pursuant to, or

(b)

in the case of an interim third party debt order, action is taken to comply with,

orders served on the bank before the direct deduction order.