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- Original (As made) - Welsh
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7.—(1) Except where paragraph (3) applies, the approving body must release a non-performance bond within 4 weeks beginning on the first working day after giving notice under paragraph 23(4)(b) or (5) of Schedule 3.
(2) Paragraph (3) applies if the approving body—
(a)issued a certificate under paragraph 12(2) of Schedule 3, and
(b)carried out work to ensure the drainage system was completed in such a manner as to make it likely to operate in compliance with national standards.
(3) The approving body must, within 4 weeks beginning on the first working day after completing the work—
(a)send to the developer a full account of any sums received under the bond that have been applied to the expense of carrying out the work,
(b)pay the developer any excess, and
(c)release the non-performance bond.
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