10 Amendment of regulation 3BA
1 Amend regulation 3BA as follows.
Regulation 3BA was inserted by S.I. 1998/3176.
2 In paragraph (2) for the words from “percentage” to the end substitute—

“higher of—
(a) 0.5% per annum, and
(b) the percentage per annum found by applying the formula specified in paragraph (4).”

.