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14. In relation to each class of hereditament mentioned in division B of Part I or division B of Part II of the Schedule, the recalculation factor in respect of any relevant year shall be the figure produced for each class by calculating in accordance with the formula—
Tk - KK
where
T is the amount specified in relation to that class in column 1 of the Schedule;
k is the estimated number of circuit kilometres of main transmission line occupied by the relevant designated person on 31st March in the relevant preceding year; and
K is the estimated number of circuit kilometres of main transmission line occupied by that person on 31st March 1990.
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