The Financial Services and Markets Act 2000 (Contribution to Costs of Special Resolution Regime) Regulations 2010 No. 2220

SCHEDULE 1

PART 3

Calculation of the total cost of interim payments

18.  Interest at the notified rate shall accrue daily on the amount in the account and shall be added to the account on each anniversary of the relevant time, but where the final notification is made on a date falling after an anniversary date, then all accrued interest not yet added shall be added to the account on the date of the final notification.