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SCHEDULES

SCHEDULE 20E+W Assistance by Way of Repurchase

Part IIIE+W Supplementary Provisions

Application of purchase price in satisfaction of relevant chargesE+W

14E+WIf the authority do not apply an amount which under paragraph 13 they are required to apply in or towards the redemption of a charge (and do not pay that amount into court in accordance with paragraph 15), the charge is not discharged by virtue of paragraph 12 and the interest acquired remains subject to the charge as security for that amount.