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5. Until article 4 comes into force, article 3B of the 1977 Order has effect as if the following were substituted for the words from “£3,600 in any year” to the end—
“(a)where the person making the deposit is 50 years of age or over, or is due to be aged 50 not later than 5th April 2010, £5,100; or
(b)in any other case, £3,600,
in the year beginning on 6th April 2009.”.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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