Common use of Where clause 4 Clause in Contracts

Where clause 4. 2(a) applies, the Trustee shall notify the Participant of the receipt of such sums (together with the details of any tax credits applicable thereto). The Participant authorises the Trustee to retain such sums held for the Participant until the accumulated sums held for the Participant exceed £250 at which point the Trustee shall transfer such sums held to the Participant.