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CP-2.2.2

The amount referred to in paragraph CP-2.2.1 above may be amended from time to time by the Agency. In calculating the amount payable in each case hereunder, the Board will be entitled to take account of various matters including, but not limited to, any set off rights to which the relevant bank was entitled against an eligible depositor or an eligible deposit at the proposed date for the making of such payment as well as any amounts paid out during the period of administration of the relevant bank by the Agency (if appropriate), and the amount payable hereunder shall be reduced accordingly.