The pitch fee
50(1)Unless it would be unreasonable having regard to paragraph 48(1), there is a presumption that the pitch fee will increase or decrease by a percentage which is no more than any percentage increase or decrease in the consumer prices index calculated by reference only to—
(a)the latest index, and
(b)the index published for the month which was 12 months before that to which the latest index relates.
(2)In sub-paragraph (1) “the latest index” means—
(a)in the case where the owner serves a notice under paragraph 47(3), the latest index published before the day on which that notice is served, and
(b)in the case where the owner serves a notice under paragraph 47(7)(b), the latest index published before the day by which the owner was required to serve a notice under paragraph 47(3).