Amendments to and modifications of Schedule 203

In paragraph 6(2) of Schedule 20—

a

for the words “of the fund as so determined in respect” there shall be substituted the words “(determined under sub-paragraph (1) above) of the fund as at the end”;

b

for paragraph (a) the following paragraph shall be substituted—

a

the higher of—

i

the member’s overall premium limit for that year, and

ii

his overall premium limit for the immediately preceding year; or

c

in paragraph (b) for the words “that year” there shall be substituted the words “either of those years”.