Schedule 9, paragraph 2(3)

After subsection (3) insert— In respect of any day by reference to which the value of X falls to be calculated for the purposes of subsection (1) in relation to the society, the total amount to be disregarded under subsection (3)(aa) may not exceed 10% of the amount that would, in the absence of subsection (3)(aa), be the value of X on that day.

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Source: legislation.gov.uk · retrieved 2026-09-04