APPENDIX 1VARIATIONS 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.