(1) Subject to paragraph (2), the designated authority shall ensure that a duly-verified repayable amount is available within 7 working days of the decision date.

(2) A transitional period shall apply until 31 December 2023 and shall establish the following repayment periods in respect of duly-verified eligible deposits:

(a) not more than 20 working days until 31 December 2018;

(b) not more than 15 working days from 1 January 2019 until 31 December 2020;

(c) not more than 10 working days from 1 January 2021 until 31 December 2023.

(3)Deposits referred to in Regulation 12(4) and (5) that are duly verified are subject to a longer repayment period, which does not exceed 3 months from the decision date.