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The Deposit-takers (Interest Payments) (Discretionary or Accumulation Trusts) Regulations 1995
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- 1995 No. 1370
- Regulation 5
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Cancellation of notification
5. If the Board are satisfied, at any time following the giving of a notification under section 481(5B), that interest in respect of the deposit to which the notification relates is not income arising to the trustees of a discretionary or accumulation trust, they shall cancel the notification and give notice of the cancellation to the deposit-taker concerned.
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