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6. For regulation 5 (maximum holding of certificates), substitute—
5.—(1) A person may not purchase a certificate if the aggregate purchase price of the certificates of that description which would be held by the person on whose behalf it is to be purchased, if the purchase were made, would exceed the maximum set by the terms and conditions applying to that description of certificate.
(2) For the purposes of paragraph (1), the aggregate purchase price of the certificates of any description held by a person shall be calculated in accordance with the terms and conditions applying to that description of certificates.
(3) No person may hold a certificate purchased in contravention of paragraph (1).”.
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