2.  PAYMENT

2.1  For the purposes of section 110 (1) of the Act the final date for payment of any sum becoming due under this Appointment shall be 28 days after such sum falls due for payment pursuant to Clause 7.2 of this Appointment.

2.2  Each party hereto from whom a payment becomes due hereunder shall give notice to the other party not later than 5 days after the date on which the payment becomes due, or would have become due if:

(a)  the other party had carried out his obligations under this Appointment, and

(b)  no set-off or abatement were permitted by reference to any sum claimed to be due under one or more other contracts,

(c)  specifying the amount (if any) of the payment made or proposed to be made, and the basis on which that amount is calculated.

2.3  Neither party hereto may withhold payment after the final date for payment of a sum due hereunder unless he has given an effective notice of intention to withhold payment, provided that:

(a)  the notice mentioned in Paragraph 2.2 may suffice as a notice of intention to withhold payment if it complies with the following requirements; and

(b)  to be effective such notice must specify the amount proposed to be withheld and the ground for withholding payment (or if there are more than one ground, each ground and the amount attributable to each);

and must be given not later than 5 days before the final date for payment ascertained in accordance with Paragraph 2.1.