(1) Subject to Regulation 21, the Bank shall from time to time apportion among authorised credit institutions, in proportion to the amounts of their respective deposits required to be maintained at the time of such apportionment in the deposit protection account, and any other credit institutions maintaining deposits in the deposit protection account under Regulation 26, any payments charged on that account (other than any repayment or part thereof for the purposes of these Regulations) together with any moneys due but to but not paid to the credit institutions in accordance with Regulation 22 and the amount so ascertained in respect of each credit institution shall, subject to paragraph (2) be debited against or credited to, as the case may be, that credit institution's deposit in the said account.
(a) The aggregate of the amounts debited by virtue of paragraph (1) in any period (being a period between a calculation or recalculation under section 5(1) of the Deposit Guarantee