APPENDIX 1 VARIATIONS IN THE PUBLIC LENDING RIGHT SCHEME 1982 MADE BY THE LORD PRESIDENT OF THE COUNCIL ON 24th NOVEMBER 1988
15 Article 46 of the Scheme shall be varied—
(a) in paragraph (1)(a) by substituting “1.45p” for “1.12p”;
(b) in paragraph (2)(b) by substituting “£6,000” for “£5,000” in both places it appears; and
(c) by substituting for paragraph (3) the following paragraph—

“(3) If the aggregate of the amounts determined in accordance with paragraph (2) in respect of each registered interest of the registered owner thereof is less than £1, the sum due in respect of the registered interest shall be nil.”

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