Amendments to regulation 36 (calculation of initial tariffs: calculation of B)

12.—(1) In regulation 36, for paragraphs (2) to (4) substitute—

“(2) Save where paragraphs (3), (4) or (4A) apply, B is 1.

(3) B is 0.9 if, on the relevant assessment date—

(a) the expenditure threshold or the super expenditure threshold is exceeded; and

(b) the growth threshold is exceeded but the super growth threshold is not exceeded.

(4) B is 0.9 if, on the relevant assessment date—

(a) the expenditure threshold is exceeded but the super expenditure threshold is not exceeded; and

(b) the super growth threshold is exceeded.

(4A) B is 0.8 if, on the relevant assessment date—

(a) the super expenditure threshold is exceeded; and

(b) the super growth threshold is exceeded.”.

(2) Omit paragraph (5)(e).