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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2005 - onwards
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Regulation 29 Guarantee Fund

Revoked from 1 January 2005

(1) Subject to subarticle (2) of this Article, Article 19 of these Regulations shall apply to an undertaking to which this Article applies.

(2) The amount of a minimum guarantee fund shall not be less than one-half of the minimum required under Article 19 (3) of these Regulations and the deposit lodged under Article 26 (e) of these Regulations shall be reckoned in calculating the amount of a guarantee fund for the purposes of this Article.

Comparing proposed amendment...