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11.—(1) A notice given to the governing body of an institution under regulation 5(2) or 7(2)(b) must—
(a)state the date on which it is issued;
(b)specify the amount which is payable;
(c)in the case of a notice given under regulation 7(2)(b), explain how the OfS has determined that amount;
(d)specify the period within which the amount must be paid in full or, in a case where the OfS has approved payment by instalments, the amount of each instalment and the period within which each instalment must be paid;
(e)explain the consequences under regulation 13 of not paying the full amount or instalment within that period.
(2) The period specified under paragraph (1)(d) within which an amount must be paid in full or, in a case where the OfS has approved payment by instalments, within which the first instalment must be paid, must not be of less than 30 days beginning with the date on which the notice is issued.
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